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BP cuts dividend for first time since Deepwater Horizon after huge loss

BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop...

BP cuts spending to strengthen finances amid ‘brutal’ conditions

BP said it is acting quickly to strengthen its finances amid the “most brutal environment for oil and gas businesses in decades” after prices...

Oil giant BP sets net-zero target by 2050

The new boss of BP has promised to fundamentally “reinvent” the oil giant as he pledged the company would become carbon neutral by the...

BP signs oil deal with Abu Dhabi worth $2.22bn

Oil giant BP PLC has agreed to an onshore oil deal with Abu Dhabi worth $2.22 billion following years of negotiations. The deal - signed...

BP signs oil deal with Abu Dhabi worth $2.22bn

Oil giant BP PLC has agreed to an onshore oil deal with Abu Dhabi worth $2.22 billion following years of negotiations. The deal - signed...

Low oil price sees BP profits plunge 44%

Profits at oil giant BP plunged 44% to US$720m in the second quarter. The slump in underlying replacement cost profit, the benchmark industry measure, comes...

Scientists behind new fuel believe you could get an extra 21 miles per tank

A new fuel technology which cleans your engine as it is burned could get motorists an extra 21 miles per tank, according to the...

US judge approves $20 billion settlement over 2010 BP oil spill

A federal judge in New Orleans has granted final approval to an estimated $20 billion dollar (€17.5 billion) settlement, resolving years of litigation over...

US and five states finalise BP settlement over Deepwater Horizon oil spill

The US justice department and five states have finalised a settlement of more than $20bn arising from the 2010 Deepwater Horizon oil spill in...

BP announces $4.2bn loss as oil prices continue to fall

Oil giant BP swung to a US$4.2bn loss in the first six months of the year after taking another €9.8bn hit from its Deepwater...

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