Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030. The company's profits more than doubled to $27.7bn (£23bn ...

Yesterday, BP announced it had more than doubled its 2021 profits last year, making a record £23 billion. The company said it ...

Across the Channel, BP on Tuesday announced net profits of $27.7 billion ... Norway’s Equinor, meanwhile, announced record net profits of $28.7 billion in a year that it replaced Russia as the EU’s ...

Ben and Max Morrissey were burned to death in an explosion and fire at the BP Husky oil refinery in Oregon, Ohio, just outside of Toledo. For American capitalism, the life of a worker is very cheap.

Workers are being left out in the cold when it comes to sharing this wealth, according to Unite general secretary Sharon ...

As BP faces backlash on dialing back on its pledge to reduce carbon emissions by 40% in 2030, the company insists it is ...

BP’s chief US economist Michael Cohen said the oil industry focused too much on cutting greenhouse gases last year, eroding its ability to keep pace with demand. “2022 taught us that too much focus on ...

This climate oil price cap would be designed to increase the relative profitability and so financial appeal of renewables by limiting the upside on oil activities specifically ...

Chancellor of the Exchequer Jeremy Hunt is considering limiting the windfall tax on the profits of UK oil and gas companies ...

Oil giant Saudi Aramco has announced 2022 earnings totaling 161 billion the highest-ever annual profit by a publicly listed ...

U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide ...

Zara owner Inditex, the world's biggest fashion retailer, reported record profits for 2022 despite halting operations in Russia and soaring global inflation.