Showing 11 results for 'BP'
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British oil major reporting a 45 percent drop in second-quarter earnings and will cut its 2016 investment budget to below $17 billion.
BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year.
Shareholders at BP gave the boss’s bonus the thumbs down on Friday, wiping 17.7 million euros from Bob Dudley’s package for 2015. It was a rare
The bad news keeps pouring out of the oil industry. BP suffered its biggest loss in 20 years and Exxon Mobil has reported its smallest quarterly profit in more than a decade.
UK oil company BP is set to pay the price for plummeting prices. It has announced it is to shed 4,000 jobs globally, 600 of which will be lost from
BP has announced a third round of spending cuts and more asset sales to offset an extended period of low oil prices, following a slump in
US Attorney General Loretta Lynch has announced BP is to pay over $20 billion arising from the 2010 Deepwater Horizon oil spill in the Gulf of
British oil and gas giant BP’s second-quarter profits slumped by almost two thirds due to a combination of lower crude prices and ongoing charges
BP has agreed a to pay an estimated record 16-billion euro settlement over human casualties and environmental damage caused by the 2010 Gulf of
Energy giant BP, increasingly exposed in some of its exploration and extraction facilities to potentially fatal risks has added a heavyweight
A fall in profits but a resilient business. That’s the message from oil giant BP’s data for the three months to the end of March. Underlying profit