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 ...

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 ...

Total pay for BP's CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs ...

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

Total pay for BP's CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs ...

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

Closer to home, BP and Shell unveiled their own mega earnings, announcing record annual profits of £23bn and £32bn respectively, fuelled by soaring fossil fuel prices and rebounding post ...

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 ...

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 ...