Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.
BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.
BP has reached an $18.7 billion settlement with the federal government and five states, effectively ending litigation stemming from the 2010 Deepwater Horizon rig explosion and subsequent oil spill.
Britain's BP on Tuesday announced a sharp fall in net profit for the third quarter, with the oil and gas giant hit by weak ...
Lightsource bp expands bp's presence globally in the onshore renewable energy industry, with a 62GW development pipeline and operations spanning 19 global markets'. Image by jewhyte via iStock BP ...
By Stanley Reed Reporting from London BP’s share price fell more than 3 percent on Tuesday after the energy giant reported its lowest quarterly earnings in almost four years and suggested it ...
(Bloomberg) -- BP Plc raised the possibility that its share buybacks could slow next year from the $1.75 billion quarterly pace seen in 2024, as weaker oil prices push its debt higher. Shares fell.
LONDON, Oct 17 (Reuters) - BP (BP.L), opens new tab is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort ...
as it looks to increase access to electricity while it adds more renewable energy. The nation will use the fuel from the oil major’s offshore liquefied natural gas project — located on the ...
Analysts lower price target for BP after Q3 results show revenue miss and production decline. Focus on deleveraging over growth.
Shares in BP (BP.L) fell on Tuesday morning, after the oil major posted its weakest quarterly profit in nearly four years. BP posted a nearly 30% slump in underlying replacement cost profit to $2.3bn ...