BP

BP to cut costs as first quarter profits fall below expectations
Business

BP to cut costs as first quarter profits fall below expectations

British oil and gas company BP’s first quarter profits were below expectations, as  underlying profit came in at $2.7 billion (€2.5…
UAE state oil company has BP in its sights as potential takeover target
Business

UAE state oil company has BP in its sights as potential takeover target

BP has recently received interest for a multi-billion pound takeover from the Abu Dhabi National Oil Company (Adnoc). However, talks…
Oil prices rise: What’s pushing up the cost of crude?
Business

Oil prices rise: What’s pushing up the cost of crude?

Brent crude oil prices touched a fresh over five-month high on Tuesday morning, at $88.3  per barrel. This was a…
Big oil rewards execs for increasing production despite climate pledges
Business

Big oil rewards execs for increasing production despite climate pledges

Increasing fossil fuel production is highly rewarded at most of the world’s largest oil and gas producers, despite their ambitious climate targets, according to…
BP sees profits for 2023 plunge, but still second highest in decade
Business

BP sees profits for 2023 plunge, but still second highest in decade

British Petroleum (BP) released its Q4 2023 results on Tuesday. The company announced a $13.8 billion (€12.85 billion) underlying replacement…
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