Home
> BP plc
BP plc
Standard Life chairman says pay structure in UK financial services industry is 'too high'
Around 22% of the insurer's shareholders voted against its 2015 remuneration report.
BP swings to $485m first quarter loss as slump in oil prices takes its toll
Oil giant posts $485m loss compared with $2.1bn profit a year but remains adamant it is weathering the storm.
Three reasons you should invest in Royal Dutch Shell despite Doha failure
Despite the Doha Opec meeting failing to freeze output, there are reasons why oil prices can recover.
Anger at boardroom excess hits breaking point as BP shareholders rebel against CEO's £14m pay deal
Nearly 60% of shareholders resoundingly rejected Dudley's 20% pay rise.
BP boss Bob Dudley's 20% pay raise faces shareholder resistance at AGM
$19.6m package is opposed by Aberdeen Asset Management, Royal London Asset Management, ShareSoc and ISS.
Marathon Oil to close its North Sea oilfield amid gas leaks
Taqa, BP and Shell operators are expected to lose out from the closures.
BP CEO Bob Dudley pay increases to £13.8m despite firm posting losses and planning job cuts
Dudley's pay is much lower than the 2014 pay packages of the heads of Exxon Mobil and Chevron.
Oil prices might be struggling but Shell and BP could benefit from the industry's renaissance
Investors will be hoping for a potential future rebound in oil prices after their worldwide collapse.
Market round-up: FTSE 100 plummets as BP profit halves and Brent dips below $33
In 2015, BP's annual profit fell 51% year-on-year to $5.9bn, while Shell predicted similar results.
BP's annual profit halves as slump in crude prices and impairment charges take their toll
Oil giant to cut more jobs as ongoing oil slump and impairment charges slash annual and quarterly profits.
Will oil hit $7 a barrel? BP's CEO Bob Dudley warns crisis equals 1986 slump
BP's CEO says oil prices will continue to decline for at least another six months but will not fall forever.
Royal Dutch Shell ditches $11bn gasfield plan in Abu Dhabi amid declining oil prices
Anglo–Dutch company says Gulf project no longer fits with its strategy.
Market round-up: FTSE ends in the red but Tesco and oil stocks gain
UK stocks slide as travel stocks decline after Jakarta attacks.
Market round-up: FTSE rises after volatile session as oil prices give up gains
UK and European stocks relinquish gains as rebound in oil prices loses momentum.
US markets report: Wall Street jumps on China export news as oil climbs back up
On the FTSE 100 in the UK, commodity traders and miners were leading the surge.
BP cuts 4,000 jobs with axe falling in North Sea operations as oil price slump continues
West Texas Intermediate and Brent Crude, the two main oil benchmarks, are trading below $32.
Market report: FTSE 100 dragged lower by mining stocks
London's main benchmark was dragged lower by commodities-related stocks.
Bob Dudley says oil prices could hit new bottom in early 2016
BP chief also said investors recognised the true value of company's 'stranded assets'.
Storm Frank: Huge waves batter BP-owned North Sea oil rig as staff are evacuated [Video]
One person dies and two others are injured as a freak wave hits another North Sea oil platform.
BP profits down 40% to $1.8bn as CEO Bob Dudley stays confident
The firm announced it is cutting capital expenditure for the third time in 2015.
Lloyd's chief Inga Beale tops OUTstanding LGBT executives list and Mark Zuckerberg heads ally ranking
Antonio Simoes, gay HSBC CEO and transgender female chief Martine Rothblatt also among top icons.
Venezuela President Nicolas Maduro calls on $70 oil floor again ahead of Opec meeting
Maduro also said he was 'doing everything to save the price and the stability of our oil'.
US government and BP reach $20.8bn settlement over Gulf of Mexico oil spill
'BP is receiving the punishment it deserves,' Attorney General Loretta Lynch said about the deal.
Former BP boss Lord Browne: Everyone in the oil industry knew I was gay, apparently
Browne recounted how the Mail On Sunday outed him and how he lied on record.
North Sea oil industry has lost 5,500 jobs
The Oil and Gas Authority warns sector could be shut down unless energy companies work together.
Iran to showcase 45 projects at London conference in bid to double oil output
Iran will discuss its new oil contract models and 45 oil and gas projects including oil and gas exploration with international oil companies at December conference.
Market round-up: Interest rate announcement couldn't save mining firms on FTSE 100
Poor performance of mining firms continued as Inmarsat satellite communications made gains.
A new oil environment: How companies deal with the 'prolonged downturn' of prices
The cuts in spending and the increased M&A activity in the market can be attributed to the falling oil price.
BP reports £2bn loss on Deepwater Horizon costs and lower oil price
Without the Gulf of Mexico spill costs, profit would have been down by 43.3% to $3.89bn.
Market round-up: FTSE 100 sees BP shares soar after Deepwater Horizon settlement deal
The oil major will pay $18.7bn to fully settle 2010 Gulf of Mexico Deepwater Horizon oil spill claims.