Oil prices edged higher on Wednesday, as investors weighed the threat of military conflict between the US and Iran that could disrupt supply and a big build in US crude inventories. Brent futures were ...
BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...
BP (BP) -7.3% in Tuesday's trading after saying alongside Q4 earnings results that it has suspended its share buyback program that already had been reduced last year and withdrew guidance of returning ...
BP BP0.05%increase; green up pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...
BP said it was halting stock buybacks as the oil and gas giant said it wanted to rebuild its balance sheet. The London-based energy group UK:BP BP said Tuesday it was trying to reduce net debt by as ...
BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...
LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...
The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...
The United Steelworkers Union announced on Thursday that its workers should prepare for a strike or lockout at the BP Whiting refinery. USW 7-1 members authorized an initial financial transfer from ...
BP PLC said Wednesday it expects to book $4-5 billion in write-downs primarily related to its "transition" business for the fourth quarter of 2025. "These charges are primarily attributable to the gas ...
The royals ride in the back of a pickup truck in the desert. Much of their visit was intended to highlight tourism experiences available in the Wadi Rum region. The mother-daughter royal duo arrived ...