BP has revealed it is to miss key climate target as annual profits hit record £23bn.The London-based firm said its main measure, underlying replacement cost profit, came in at $27.7bn (£23bn ...

LONDON, Feb 7 (Reuters) - BP (BP.L) reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and ...

BP’s underlying profit more than doubled to a record $27.7 billion last year, sparking renewed outrage from green groups and unions demanding far greater action on tackling climate change and a ...

Investing.com -- BP PLC (LON:BP) has unveiled annual income that more than doubled to a fresh record high, leading the oil major to kick off a fresh round of share buybacks and hike its dividend.

BP faces fierce new criticism from motorists groups today as it announced a record profit of £5.58 billion for the six months to 30 June. The company says higher margins on oil refining rather ...

Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to $27.7bn (£23bn ...

Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year ...

North Sea oil and gas operations are facing major upheaval after UK offshore workers voted to strike. The industrial action ...

Major oil and gas companies, including Shell and BP, are set to be hit by industrial action as 1400 offshore workers look to strike in the ...

BP’s profits more than doubled in 2023 amid a spike in fuel prices during the Russian invasion of Ukraine. Accounts published on Tuesday, 7 February, showed that the oil and gas giant recorded ...

British energy giant BP on Tuesday announced record annual profit thanks to soaring oil and gas prices, as it watered down its target for cutting carbon emissions. BP's underlying profit more than ...