BP (NYSE:BP) expects to book impairment charges of $1B-$2B for Q2, and warned of weak oil trading earnings amid "significantly lower" refining margins, sending its shares falling 3.8% in premarket ...
BP (NYSE:BP) posted a 30% drop in Q3 profit to $2.3 billion, the lowest in nearly four years as softer refining margins and oil trading results continue to weigh on the company’s performance.
LONDON: BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. The British group's oil trading result is also ...
British energy giant BP said on Tuesday that weak refining margins and oil trading were likely to dent its second-quarter profit, sending its shares down 3% in morning trading. While its refining ...
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about 30% less than the previous year, after the energy giant’s profits ...