BP shares slide four per cent after warning of £1.6bn impairment July 9, 2024 BP also said its second-quarter results, expected on July 30, will include post-tax adverse adjustments around what it called "onerous contract provisions. These are expected to be between $1bn and $2bn.
Disgraced former BP boss Bernard Looney plans Abu Dhabi comeback July 8, 2024 Former BP chief executive Bernard Looney is reportedly plotting a comeback in Abu Dhabi after he was dismissed last year over past relationships with colleagues.
BP tightens workplace romance rules after Looney scandal: Legal experts weigh in June 11, 2024 BP has tightened its workplace relationship policy, months after the CEO was ousted for failing to disclose his affairs with colleagues. Employment lawyers weigh in
Balfour Beatty: Key projects with BP, Equinor and Rolls-Royce help construction giant trade in line May 9, 2024 Balfour Beatty is forecasting an increase in profit and earnings in 2024 as progress continues on several major UK projects.
BP reports profit drop as lower oil prices hit earnings May 7, 2024 Murray Auchincloss, chief executive officer said: "We've delivered another resilient quarter financially and continued to make progress on our strategy."
Week ahead: JD Wetherspoons, BP, IAG and more train strikes May 6, 2024 The week ahead will also reveal Halifax's house price index, PMI construction figures and an interest rate decision from the Bank of England.
BP set for slower first quarter profits and revenue amid lower oil prices May 5, 2024 BP is expected to announce slowing profits and revenues for the first quarter of 2024, as it wrestles with lower oil prices and weaker refining margins than this time last year. The oil super major will give its latest quarterly results in an update on May 7, with profit expected to come in at £5.07 [...]
Octopus is the UK’s top home electricity supplier – what powers its success? May 2, 2024 Ofgem recently confirmed that Octopus Energy has edged out British Gas to become the nation’s largest domestic energy supplier. The news follows the company’s takeover of Shell Energy (and its 1.3m customers) in 2023. But the last two years have been a fraught time for energy firms in terms of public opinion: if they’ve earned [...]
Watch: BP AGM thrown into chaos as climate and Palestine protesters arrested April 25, 2024 Last month, Free Palestine supporters stormed the stage at London's International Energy Week Conference during a panel with BP representatives.
BP to cut top team as major restructure plans revealed April 18, 2024 BP is to cut its executive leadership team as part of a restructure which it said will help "reduce duplication and reporting line complexity".