Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025, primarily due to lowering the value of its green energy projects. The FTSE 100 firm said it expects a write-down ...
The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.
BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...
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 ...
BP is undervalued, offering a strong dividend and steady cash returns amid cautious investor sentiment and negative headlines. BP's shift to core oil and gas operations, disciplined spending, and ...
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