BP reported lower first-quarter profit of $2.7 billion, attributing the fall to reflect lower oil and gas prices and a ...

BP ( BP.L) has revealed a fall in profits in the face of lower oil prices but will continue to pump money to shareholders as it announced a $1.75bn (£1.39bn) share buyback. The oil major reported an ...

BP has reported a significant 40% drop in its first-quarter earnings, with profits falling to $2.7 billion, underperforming ...

BP is sticking with plans to hand over nearly $3billion (£2.4billion) to shareholders in dividends and share buybacks despite its first quarter net profits crashing.

Rising US demand for electricity is being met almost entirely by renewables, a new federal report has found. The new numbers from the U.S. Energy Information Administration (EIA) suggest ...

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The plans approved Tuesday will lead to about $233.5 million in savings for Duke customers and $137.9 million for Tampa Electric customers, according to documents.

Rolling coverage of the latest economic and financial news ...

Commuters in the country have continued to pay exorbitant fares despite fuel prices dropping in the last six successive pricing cycles, with Nairobi residents taking the biggest hit on daily movement.

The average price of a gallon of self-serve regular gasoline in Los Angeles County resumed dropping Tuesday, decreasing 1.1 cents to $5.305, one day after a nine-day streak of decreases totaling 5.6 ...

That’s despite the UK falling into recession at the end of last year ... and sharply lower than the $4.9bn BP made in Q1 2023 ...

Natural Gas prices continue winning streak for fourth day ... Meanwhile, Australian Liquified Natural Gas (LNG) exports are expected to drop substantially with Chevron’s Gorgon plant remaining offline ...