Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025, primarily due to lowering the value of its green energy projects. The FTSE 100 firm said it expects a write-down ...

BP p.l.c. ‘s (NYSE:BP) bp Trinidad and Tobago (bpTT) disclosed on Thursday that it successfully commenced gas production from its Cypre development. The Cypre gas field lies 78 km off Trinidad’s ...

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders BP plans to sell stakes in two flagship carbon capture and ...

As a Whiting resident, Lisa Vallee is happy to no longer worry about BP’s proposed carbon sequestration project. “It seems, on the surface, like it’s such a great idea,” said Vallee, who is also the ...

Oil major BP on Monday decided to proceed with the $5 billion Tiber-Guadalupe project in the Gulf of America, in its latest step to boost fossil fuel production following a strategic retreat from ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims ...

BP weighing sales of up to 50% each in Kaskida and Tiber, source Both projects considered BP's top prospects in the region Energy majors, Gulf operators likely partners, industry exec March 25 ...

BP reported a stronger-than-expected net profit for the second quarter, beating analyst expectations. The energy firm announced a 10% increase to its dividend and hiked its share buyback program to ...

bp has taken FID to move to the execution phase on two carbon capture projects in the UK. bp has taken positive financial investment decision (FID) to progress to execution phase on the UK’s first ...