BP will cut bonuses for its senior leaders to 45% of target after the company missed some key financial goals in 2024, three ...

The tariffs are seen as helping domestic producers because they could potentially reduce foreign competition and increase ...

Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...

BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...

IX, was the largest before the current bid round. The OALP-IX bid round featured 28 blocks or areas spread over 1.36 lakh sq ...

BP saw a sharp decline in profits in in the fourth quarter with a replacement cost (RC) loss of $2bn, down from $1.1bn in Q3.

Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is widely expected to say later this month that it will scale back renewable ...