BP has warned shareholders that it will write down the value of its green investments by between $4 billion and $5bn.

BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...

The update comes as BP is ditching its expensive bet on net zero following a backlash from shareholders. Bernard Looney, the ...

BP flagged a write-down of up to $5 billion in its gas and low-carbon energy segment and warned its oil-trading performance would be weak, as the latest energy major to forecast an earnings hit to cap ...

The oil giant said that the charges 'are primarily attributable to the gas and low carbon energy segment' of the business.

In an update ahead of earnings next month, the energy giant also flagged weak oil trading and flat production for the ...

BP plc said it expects to take as much as US$5 billion in writedowns for the fourth quarter, just weeks after replacing its ...

BP said it expects a write-down of between $4bn and $5bn (£3.7bn), as it rethinks its strategy for green energy.

FC Railway reached the last eight of the Herts Junior Cup with a 6-2 victory over BP FC. Keiran Barnard-White was their star ...

BAY PORT 418, APPLETON WEST CO-OP 223, STEVENS POINT 210.5, WAUNAKEE 210, MONONA GROVE 208.5, ASHWAUBENON 206, RHINELANDER ...

Energy giants are creating valuable jobs in the Highlands amid a drive to strengthen Scotland's electricity transmission networks.

According to a pair of people who attended the meeting, BP's interim CEO Carol Howle said that the company is focusing on ...