Profit at oil and gas giant BP slumped by nearly 50 per cent in the fourth quarter of last year as the group took hefty ...

BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.

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(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...

The Feb. 26 strategy update has long been seen as a crucial test of Auchincloss’s vision for BP, even before Bloomberg ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

The move piles pressure on BP chief exec Murray Auchincloss (pictured) to focus on fossil fuels and cut investment in ...

BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and the oil ...

UK supermajor's CEO says 'new direction' imminent as analysts suggest further shift from low carbon could be on the cards ...

BAKU, Azerbaijan, February 11. In 2024, bp delivered operating cash flow of $27.3 billion and adjusted EBITDA of $38 billion, ...

Building on the actions taken in the last 12 months, we now plan to fundamentally reset our strategy and drive further ...

BP reported a fourth-quarter loss of $1.96bn in an update on Tuesday, swinging from a profit of $371m in the same period a ...