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 ...

while Shell posted record profits of $39.9bn and Chevron made $36.5bn. On the back of the record earnings, BP said it would increase its spending plans to expand the business over the next eight ...

as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing households and small businesses. London-based BP's disclosure came a day after rival Shell reported ...

BP (BP) paid CEO Bernard Looney more than doubled last year to £10M from £4.46M in the previous year after the company posted record profits of $27.7B (£23M). BP said in its 2022 annual report ...

Last week:Exxon Mobil reports record annual profits for 2022; White House calls earnings 'outrageous' In its 2022 results release published Tuesday, BP posted a company record for annual ...

Bernard Looney is latest energy boss to enjoy huge rewards boost as oil and gas industry records bumper profits ...

BP made record profits in 2022 of $28bn, as oil and gas prices leapt in the wake of Russia’s invasion of Ukraine. Mr Looney’s pay package includes a £6m share award based on the company’s ...

If the deal goes ahead it would mark BP's entry into Israel's growing energy sector, at a time when the oil giant is rowing ...

The profits follow similar reports in February from international peers BP, Shell, Exxon Mobil and Chevron which have mostly posted record profits for last year. Oil prices swung wildly in 2022 ...

BP Plc’s Chief Executive Officer Bernard Looney was paid £10 million ($12 million) in 2022, more than double the amount in the previous year as the company posted a record profit on surging oil ...