BP made a big bet on green energy even as rivals Shell, Exxon, and Chevron stayed focused on more-profitable fossil fuels.
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell ...
Apple has suffered a shock fall in China sales as Donald Trump mulls hitting Beijing with tariffs that could hurt the iPhone-maker further. The California tech giant’s sales in China fell by 11pc from ...
The FTSE 100 struck a new record high after another flurry of positive earnings updates helped the index score its fourth ...
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
Companies are cutting jobs at the fastest pace since the global financial crisis, barring the pandemic, after Rachel Reeves ...
The figures add weight to calls for a windfall tax to be imposed on BP and rival Shell. Both made record profits of more than £9 billion last year, with BP's figure the highest ever recorded by a ...
It comes amid concerns that BP has underperformed its London rival Shell and is lagging US peers such as ExxonMobil and Chevron, which have doubled down on fossil fuels. Auchincloss had been due ...
BP, whose market capitalization was at $84.58 billion as of Thursday, is now valued at less than half of Shell. It also faces increasing competition from rivals that were once significantly ...
A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting ...
BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...
Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...