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 ...

LONDON, Feb 7 (Reuters) - BP (BP.L) reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and ...

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’s underlying profit more than doubled to a record $27.7 billion last year, sparking renewed outrage from green groups and unions demanding far greater action on tackling climate change and a ...

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

BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a record run of earnings for the world’s oil majors that is fueling calls for higher taxes ...

BP faces fierce new criticism from motorists groups today as it announced a record profit of £5.58 billion for the six months to 30 June. The company says higher margins on oil refining rather ...

Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year ...

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 ...

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 ...