The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.
HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, underscoring its commitment to the U.S.
BP Sees Up To $5B Impairments Tied to Low Carbon Assets BP PLC said Wednesday it expects to book $4-5 billion in write-downs ...
In the latest close session, BP (BP) was down 1.36% at $35.43. This move lagged the S&P 500's daily gain of 0.55%. Meanwhile, the Dow experienced a rise of 0.63%, and the technology-dominated Nasdaq ...
BP expects $4–$5 billion in post-tax impairments in Q4 2025, mainly tied to its Gas & Low Carbon Energy segment, as the company continues its portfolio reset.
BP expects $4-5 billion in Q4 impairments primarily in its energy transition businesses, reports weak oil trading, and sees a ...
LONDON, Jan 12 (Reuters) - BP is maintaining its strategy and focus on cost cuts, its interim CEO Carol Howle told an ...
CHONGQING, CHINA - JULY 31: In this photo illustration, a smartphone displays the logo of BP plc (NYSE: BP), a British multinational oil and gas company, in front of a screen showing the company's ...
Why BP (LSE:BP.) is on investors’ radar today BP (LSE:BP.) is back in focus after recent share price moves and fresh ...