The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.

By buying back its own shares, a company can sometimes boost its stock price because each share represents a larger stake in ...

LONDON, Feb 10 (Reuters) - BP posted a fourth-quarter underlying replacement cost profit, or adjusted net income, of $1.54 ...

BP has suspended its share buyback programme as it wrote down around $4 billion in its renewables and biogas businesses ahead ...

BP has said it expects second quarter results next month to be impacted by lower oil and gas prices. Crude oil prices average $67.9 per barrel over the three-month period, compared with $75.7 per ...

Shell has rejected reports its in talks to buy BP, but speculation continues to mount over potential bids. CEO Murray Auchincloss’s strategy reset in February has so far failed to impress investors.

BP reported underlying second-quarter net profit of $2.35 billion, comfortably beating analyst expectations. The results come as the British oil and gas company continues to try to rebuild investor ...

BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds, according to ...

BP stopped producing oil in Alaska in 2020 after selling all its remaining assets to Hilcorp, but the energy giant still has some unfinished business in the state: cleanup and closure of two old ...