All the updated news related to BP

All the news related to BP updated in real time

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World championship-winning horse BP Goodfellas was bred in Tipperary

An incredible run of results during the 2022 season for Irish horses, riders, breeders and owners continued last Sunday, with two outstanding victories for Ireland at the FEI WBFSH Jumping World Breeding Championship for Young Horses at Lanaken in ...

27 Sept 2022 at 14:33

Chancellor to hold crisis talks with gas and electricity bosses

Energy sector bosses will take part in crisis talks with Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng as the price cap was forecast to hit more than £4,200 in January. In a new dire outlook for households, Cornwall Insight said ...

10 Aug 2022 at 06:28

City

BP expected to report soaring profit days after Shell and Centrica slammed

Bosses at BP will likely be nervously eyeing the headlines that fellow energy giants Shell and Centrica generated this week as they prepare to present their own set of bumper profits. The oil giant is expected to have made far more than twice ...

29 Jul 2022 at 15:42

Scotland

Trade body Offshore Energies UK starts search for new head

An energy trade body has started the search for a new chief executive officer as the current boss prepares to step down. Offshore Energies UK (OEUK) – formerly Oil and Gas UK – announced that current chief, Deirdre Michie, will step down in ...

03 Aug 2022 at 14:48

City

BP sees earnings hit 14-year high amid anger over energy firm profits

BP has revealed second-quarter profits more than trebled to a 14-year high as it joined rival Shell in reaping the benefits of soaring oil and gas prices. The oil giant reported underlying replacement cost profits – its preferred measure – ...

02 Aug 2022 at 14:41

Almost £7 billion in profits ‘obscene’ as bills soar, BP told

The almost £7 billion in profit made by oil giant BP in the second quarter of this year have been described as “obscene”. On Tuesday the company announced underlying replacement cost profits – its preferred measure – jumped to a far ...

02 Aug 2022 at 15:47

Derry City and Strabane District Council

"Soaring energy company profits a ‘kick in the teeth’ for workers and families"

Sinn Féin MLA Ciara Ferguson has said another hike in profits for a big energy company is a ‘kick in the teeth’ for workers and families who are struggling to heat their homes. Speaking after BP announced that its profits have ...

02 Aug 2022 at 16:33

City

Shell boss pockets £1m pay rise

The boss of Shell pocketed a £1.1 million pay rise last year after the business reported a record profit that led to strong calls for a windfall tax on the sector. Ben van Beurden took home 7.4 million euros (£6.3 million), ...

10 Mar 2022 at 12:55

‘Think carefully’ about Russian investments, Sunak warns businesses

British firms should “think very carefully” about making any investments in Russia which would support Vladimir Putin’s regime, the Chancellor has said. Rishi Sunak warned there is “no case” for new investment in Russia as ...

13 Mar 2022 at 11:55

BP to sell stake in Russian oil giant Rosneft after Ukraine invasion

BP will sell its 14 billion dollar (£10.4 billion) stake in oil producer Rosneft, which it co-owns with the Kremlin, after facing pressure from the Government. The oil firm’s chief executive Bernard Looney is also ...

27 Feb 2022 at 19:55

BP exiting shareholding in Russian oil giant Rosneft

BP is exiting its 19.75% shareholding in Russian oil giant Rosneft following pressure from the UK Government. The oil firm’s chief executive Bernard Looney is also resigning from the Rosneft board with “immediate ...

27 Feb 2022 at 18:55

BP slides over Russia exit as London markets fall again

BP shares dropped sharply as the markets opened lower again in London while oil prices surged. The oil giant dropped by as much as 7% at the start of trading on Monday following its decision to sell its near 20% ...

28 Feb 2022 at 09:55

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