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 ...

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 ...

Total pay for BP's CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing ...

BP Plc’s Chief Executive Officer Bernard Looney was paid £10 million ($12 million) in 2022, more than double the amount in ...

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 ...

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.

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 ...

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 ...