BP posted better-than-expected profit despite a weaker contribution from its oil trading division, and increased its expectations for full-year divestment proceeds as it continues with its turnaround ...

(RTTNews) - British energy major BP Plc reported Tuesday a replacement cost or RC loss in its second quarter, compared to prior year's profit, hit by hefty charges and weak revenues. Underlying RC ...

BP on Tuesday reported third-quarter net profit of $2.21 billion, beating analyst expectations. The results come just over eight months after the oil and gas company launched a fundamental strategic ...

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and ...

BP’sBP2.15%increase; green up pointing triangle underlying profit rose in the second quarter, beating market forecasts after higher volumes offset significantly lower refining margins, while ...

BP’s strategic reset addresses previous concerns by boosting oil and gas CAPEX and cutting underperforming renewable investments, aiming to reduce debt through asset disposals. The stock has rebounded ...