BP News

BP Faces a Tough Quarter: Profits Dive 69% Amid Market Challenges

BP plc reports a 69% drop in Q1 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highlights...

BP Faces a Steep 69% Drop in Q1 Profits Amid Market Challenges

BP plc reports a 69% drop in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highl...

BP's First Quarter Profits Take a Dramatic 69% Dive to $687 Million Amid Market Challenges

BP plc reports a 69% plunge in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas trading. Despite challenges, the company increases dividends and highl...

BP Faces Sharp 74% Drop in Q1 Profits, Earnings Plummet to $687 Million

BP reports a shocking 74% plunge in Q1 profits, with earnings dropping to $687 million. Analysts are investigating the causes, including oil price volatility and operational issues...

BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor

BP plc has begun searching for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder va...

BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins

BP plc has begun the search for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder v...

BP Chairman Helge Lund Announces Planned Departure in 2026, Succession Process Begins

BP plc announces the start of a search for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic goals and sha...

BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor

BP plc announces Chairman Helge Lund's plan to step down in 2026, with the Board starting the search for a successor to ensure a smooth transition and continued focus on strategy a...

BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins

BP plc has begun the search for a new chairman as Helge Lund plans to step down in 2026. The transition aims to be smooth, with the new candidate working alongside Lund before taki...

BP Chairman Helge Lund Announces Planned Departure in 2026, Succession Process Begins

BP plc has announced the start of a search for a new chairman as Helge Lund plans to step down by 2026, aiming for a smooth transition and continued focus on strategy and sharehold...

BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins

BP plc has started the search for a new chairman as Helge Lund plans to step down by 2026, ensuring a smooth transition to continue the company's strategic goals and increase share...

BP Stock Soars 7% Amid Rumors of Strategic Stake Sale to Elliott

BP plc's stock surged 7% following rumors of a stake sale to Elliott Investment Management, hinting at dramatic changes. Amidst speculation, BP's recent announcement of global work...

BP Announces Major Workforce Reduction: 4,700 Jobs and 3,000 Contractor Positions to Be Cut

BP plc is set to reduce its global workforce by 4,700 employees and cut 3,000 contractor positions as part of its cost-cutting strategy. The company anticipates a drop in fourth-qu...

BP Anticipates Significant Impact on Q4 Earnings Due to Declining Refining Margins

BP predicts a significant impact on its Q4 earnings due to weaker refining margins, with expected profit reductions and production declines across key segments. The company remains...

BP Joins Forces with ONGC to Revolutionize Mumbai High's Oil and Gas Production

BP partners with ONGC to boost Mumbai High's oil and gas production by up to 60%, marking a significant development in India's upstream sector and showcasing the impact of recent r...

BP and JERA Join Forces for $5.8B Offshore Wind Energy Venture

BP plc and JERA form a joint venture, JERA Nex bp, focusing on offshore wind energy production with a potential 13GW capacity. The venture, expected to be completed by 2025, will i...

BP and JERA Join Forces to Invest $5.8B in Offshore Wind Energy

BP plc and JERA form a joint venture, JERA Nex bp, to focus on offshore wind energy production with a potential net generating capacity of 13GW. The companies plan to invest up to ...