Activist investor calls for heads to roll at BP
The firm has lagged UK rival Shell and US oil giants Chevron and ExxonMobil, which have doubled down on profitable fossil ...
BP warns Q3 profit set to take a hit as fuel demand stalls
STORY: BP warned Friday (October 11) that its third-quarter profit will take a hit of up to $600 million.It blamed weak ...
BP issues earnings warning as weaker refining margins take their toll
Oil and gas giant BP has issued a profit warning ahead of the release of its third-quarter (Q3) results, after announcing ...
BP says weak refining margins to dent Q3 profit as fuel demand stalls
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
BP warns weak refining margins will dent Q3 earnings
Investing.com -- Weak refining margins are expected to hit BP (NYSE: BP )'s third-quarter result by as much as $600 million, ...
Oil giant BP’s refining business sees lower margins as global oil demand stalls
BP expects a slump in refining margins to take a $400m (£306m) to $600m (£459m) chunk out of its third-quarter profit.
BP warns of earnings hit from weak refining margins
Last quarter, BP warned about “significantly lower” refining margins, and Jefferies cut its consensus for earnings by about 20 per cent. It also took a hit of up to $1.5bn from a plan to scale back ...
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BP says weak refining margins to hit third quarter profit
Weak refining margins due to a slowdown in global demand for fuel and lower oil trading results will dent BP's third-quarter ...
Here’s why I’m watching the BP share price
As the company refocuses on its core competencies and abandons plans to reduce oil production, Stephen Wright's keeping an ...
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BP Abandons 2030 Output Cuts as Climate Worsens: Why Did Anyone Believe It?
BP is abandoning its climate pledges for 2030 as it aims to take advantage of high oil prices to boosts profits under the ...
Exclusive-BP Drops Oil Output Reduction Target in Strategy Reset, Sources Say
LONDON (Reuters) -BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the ...
BP is going back to what it knows best – and that is a good thing
There are seven so-called “super major” oil companies in the world, of which three are American, one is French and another is ...