Business BP's profit down 45% in Q2, cuts investment budget British oil major reporting a 45 percent drop in second-quarter earnings and will cut its 2016 investment budget to below $17 billion. 26/07/2016
Business BP considers more spending cuts after 80 percent profit drop 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. 26/04/2016
Business Shareholders burn Bob's bonus at BP AGM 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 15/04/2016
Business Oil price slump hits BP and Exxon 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. 02/02/2016
Business UK oil giant BP cuts jobs 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 12/01/2016
Business BP to tighten belt further as oil price slump hits profits 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 27/10/2015
USA BP finally agrees record breaking Deepwater Horizon settlement 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 05/10/2015
Mexico BP agrees €16-bn settlement over Gulf of Mexico rig explosion 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 02/07/2015
Business BP's renewed confidence BP was the standout gainer on the FTSE100 on Tuesday thanks to its better-than-expected results. In the third quarter, the British oil company’s 30/10/2012
Business BP's spill woes mount The 2010 Gulf of Mexico oil spill continues to haunt BP with the US Justice Department now accusing the British oil giant of “gross negligence and 05/09/2012
Business BP profits plunge on massive writedown British energy giant BP faces further troubles as lower oil and gas prices, as well as a decline in production due to maintenance work has a negative 31/07/2012
