BP suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending ...

BP said it was halting stock buybacks as the oil and gas giant said it wanted to rebuild its balance sheet. The London-based energy group UK:BP BP said Tuesday it was trying to reduce net debt by as ...

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 ...

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 ...

BP's previous buyback was $750 million, reduced from $1.75 billion in April last year. - arnd wiegmann/Reuters BP suspended its share-buyback program and said it would reduce spending this year, part ...

The company recognized around $4 billion after-tax of impairments—mainly in biogas and renewables—contributing to a fourth-quarter IFRS loss of $3.4 billion as BP “high-grades” its portfolio and ...

BP announced Tuesday that it would stop a program to buy back its own stock and eliminate a target for investor payouts as the oil and gas company works to shore up its finances. Interim CEO Carol ...

LONDON, Feb ‌10 (Reuters) - BP posted quarterly profit ‌in line with analyst expectations on Tuesday and suspended its share buyback programme as it wrote down around $4 billion in its renewables and ...

Add Yahoo as a preferred source to see more of our stories on Google. The United Steelworkers Union announced on Thursday that its workers should prepare for a strike or lockout at the BP Whiting ...

BP has suspended its share buyback programme in an attempt to reverse fortunes Once-dominant energy giant BP is running on empty as it curbs shareholder payouts and unveils fresh attempts to bolster ...

CLIMATE campaigners hit out at BP profits today as households struggle with rising energy bills. The oil giant reported underlying profits of $7.49 billion (£5.47bn) for 2025, a 16 per cent annual ...

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 ...