BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...

BP has reported a 16% drop in annual profits following the slump in wholesale oil prices towards the end of 2025. The company, which is awaiting the arrival of a new chief executive in April amid its ...

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive Business live – latest updates BP has halted share buybacks after reporting weaker annual profits as it ...

An agreement still has not been reached nearly one week after the United Steelworkers union announced it was prepared for a strike or lockout at the BP Whiting refinery. The groups are expected to ...

LONDON, Feb 10 (Reuters) - BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial ...

BP BP-0.20%decrease; red down pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...

HOUSTON/LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab is seeking a license from the U.S. government to develop its Manakin-Cocuina gas field that crosses the border between Trinidad and Tobago ...

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Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next The clearing of the decks continues apace at BP. The last chief executive, Murray ...

Gwen Segally will do pretty much anything to spend time with her mom these days, even getting up early on a Saturday to stand on the picket line. The informational picket out front of BP Whiting ...

London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Errant schoolchildren will know the feeling. Even when they make an effort to mend their ways, they are ...