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BP

  • UK to help protect ships in Red Sea after attacks by Yemen rebels causes BP to pause tanker journeys

    December 19, 2023

    Britain is set to join an international coalition to protect ships sailing through the Red Sea after tankers came under attack from militants in Yemen. The announcement comes after oil giant BP paused all of its tanker journeys over safety concerns after Iranian-backed Houthi soldiers stepped up attacks on vessels in the Red Sea in [...]

  • Disgraced BP chief Looney misses out on £32m pay package after ‘serious misconduct’

    December 13, 2023

    Former BP chief executive Bernard Looney will not receive a £32.4m salary and bonuses package after "serious misconduct".

  • BP deepens solar stake with Lightsource in £254m outright buy

    November 30, 2023

    BP has bought up full control of solar power developer Lightsource bp in a move demonstrating the former's ambitions outside of fossil fuels.

  • A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming

    November 6, 2023

    Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.

  • BP’s profit slump points to falling gas prices, but does not explain sluggish shares

    October 31, 2023

    BP missed analyst expectations with a heavy decline in third quarter profits, but there are bigger questions over its share price.

  • FTSE 100 close: London pares gains as BP slump offsets inflation hope

    October 31, 2023

    London's FTSE markets climbed on Tuesday morning as investors received another boost from falling food inflation but oil giant BP slumped after a poor set of results.

  • BP posts hefty £2.7bn earnings but misses estimates amid falling gas prices

    October 31, 2023

    Energy giant BP has posted hefty third quarter earnings of £2.7bn ($3.3bn) this morning, fuelled by robust fossil fuel trading and soaring oil prices.

  • BP and Shell to receive boost from rising oil prices, analysts forecast

    October 29, 2023

    Oil and gas giants BP and Shell are set to reap the benefits of climbing oil prices, according to analysts, as both prepare their third-quarter results.

  • BP former boss Bernard Looney accused of promoting women from undisclosed romantic relationships

    October 2, 2023

    Former BP boss Bernard Looney faces allegations he promoted women he was romantically involved with, according to the Financial Times.

  • BP names Kate Thomson as interim CFO in post-Looney reshuffle

    September 19, 2023

    BP has appointed Kate Thomson as interim chief financial officer to take the place of Murray Auchincloss who became interim CEO last week.

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