The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.

Oil major BP expects to book $4 billion to $5 billion in fourth-quarter impairments, mainly tied to its low-carbon energy ...

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

Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...

Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and ...

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 ( BP) said it expects Q4 results to include post-tax impairment charges of $4B to $5B, mainly tied to BP’s transition ...

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

Kevin Kapala had been with c-store chain for 21 years, says he is 'engaged in conversations on senior executive opportunities ...

British energy giant BP on Wednesday revealed it expected a write-down of up to $5 billion tied to its energy transition ...

BP has acknowledged for the first time that its struggling green energy businesses are worth far less than previously thought ...

Workers at BP's refinery in Whiting, Indiana are in contract negotiations with the British oil major, which has proposed ...