Oil company to maintain pace of share buybacks despite impact of falling gas prices ...
BP reported lower first-quarter profit of $2.7 billion, attributing the fall to reflect lower oil and gas prices and a ...
The momentum for London’s FTSE 100 index is continuing in a session that has also featured BP quarterly results.The oil giant’s profits came in lower than a year ago but the decline failed to prevent ...
BP’s first-quarter earnings plunged by 40 per cent to $2.7 billion, missing forecasts after lower energy prices and a US refinery outage offset increased oil and gas production.
Among the companies with reports and trading updates today are BP, Wayve and IWG. Read Tuesday 7 May Business Live blog below.
BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower energy prices and a ...
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 ...
The record results come after allowing for costs associated with BP's takeover last year of oil ... City analysts confirmed that much of the higher profits from petrol sales came from the US ...
The less-favourable comparison reflected exceptionally strong gas marketing and trading results in the first quarter of 2023, weaker fuel margins, and lower production at 914 million barrels of oil ...
BP Plc maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected and net debt increased. Most Read from BloombergIsrael Says a Cease-Fire Plan ...
The FTSE 100 index is set for another record position after the S&P 500 index last night ... as operators plan to launch on ...
The audit watchdog today issued sanctions over the collapse of London Capital & Finance, a now insolvent fund that took money from nearly 12,000 investors. The executive counsel of the Financial ...