Strong profits lead to renewed calls for energy firms to pay more tax, with households facing high bills. Critics want the windfall tax to be extended after BP and Shell reported record profits in ...

Energy majors smashed previous annual records in 2022 during a period of volatile oil and gas prices. LONDON — Oil major BP on Tuesday reported stronger-than-expected first-quarter profits ...

A subsidiary of BP plc will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil ...

Owner of Whiting, Indiana, operation settled with federal officials over allegations it released excessive amounts of harmful ...

British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter, recovering from a record loss a year earlier as it ended operations in Russia after the Ukraine invasion.

Across the Channel, BP on Tuesday announced net profits of $27.7 billion ... Norway’s Equinor, meanwhile, announced record net profits of $28.7 billion in a year that it replaced Russia as the EU’s ...

BP, the British oil giant, announced a first quarter profit of $4.96 billion on Tuesday (May 2). The figure, lower than the ...

Today’s results beat analysts’ expectations of a $4.3 billion profit for BP, and it is up from $4.8 billion in the fourth quarter. BP hit record profits of $28 billion last year, when oil ...

Today’s results beat analysts’ expectations of a $4.3 billion profit for BP, and it is up from $4.8 billion in the fourth quarter. BP hit record profits of $28 billion last year, when oil ...