BP says lower refining margins will hit profits by up to $600 million
WEB2 days ago · BP said a slump in its refining margins will see it take a $400 to $600 million hit to its profits in the third quarter. Photo: Ben Stansall/Agence France-Presse/Getty Images
BP p.l.c. (BP) Latest Stock News & Headlines - Yahoo Finance
WEBGet the latest BP p.l.c. (BP) stock news and headlines to help you in your trading and investing decisions.
BP beats profit expectations after warning of weaker oil refining
WEBJul 30, 2024 · British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter following a warning over lower refining margins.
BP targets boost for returns as it delivers second biggest profit in …
WEBFeb 6, 2024 · The London-listed group announced $1.75bn of share buybacks to be completed in the first quarter and committed to return at least 80 per cent of surplus cash flow to shareholders through future...
bp Integrated Energy Company strategy update: Growing …
WEBFeb 7, 2023 · bp aims to increase investment in its TGEs by up to $1 billion a year on average, or up to a cumulative additional $8 billion to 2030. bp’s investment in its TGEs is now expected to reach $7-9 billion a year in 2030 (4) - with cumulative investment over 2023-2030 around $55-65 billion.
BP profit slides by 40% as refinery outage offsets higher output
WEBMay 8, 2024 · BP's first-quarter earnings plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery outage offset increased oil and gas production.
BP beats forecast with $3 billion quarterly profit, boosts buybacks
WEBLONDON, Feb 6 (Reuters) - BP (BP.L) posted forecast-beating earnings of $3 billion for the fourth quarter and boosted share repurchases as its recently appointed CEO vowed to make pragmatic...
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WEBDiscover the latest bp news in our magazine, speech and press release archives. Press releases. Energy in focus magazine. Speeches. 60 years of progress: pioneering energy in the North Sea. Boosting biofuels in Brazil. Energy in focus. bp and Iberdrola announce final investment decision for largest green hydrogen plant in Spain. Press release.
BP promises to cut costs as profit misses forecast - Financial Times
WEBMay 7, 2024 · BP promised to trim its costs by $2bn by the end of 2026 after its first-quarter profit fell by more than expected. “We are saying at least $2bn, we think it is a good start,” Murray ...
BP reports second highest profit in a decade - BBC
WEBFeb 6, 2024 · Energy giant BP has reported its second highest annual profit in a decade, despite it being half the level it announced in the previous year. Profits were $13.8bn (£11bn) in 2023, down from the...