BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...

The blue-chip FTSE 100 was flat on Friday, weighed down by losses in Sainsbury's after its biggest shareholder cut stake in ...

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as ...

LONDON (Reuters) -BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the ...

The oil-and-gas giant upgraded upstream production outlook for the third quarter, now projecting it to be broadly flat on the ...

Elon Musk, CEO of Tesla, unveiled the electric vehicle (EV) maker's driverless robotaxi at an event in Los Angeles on ...

BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be ...

STORY: BP has abandoned a target to cut oil and gas output by 2030.Three sources told Reuters of the new approach.They said ...