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BP

BUSINESS

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

Digital Desk -
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...
WORLD NEWS

BP cuts spending to strengthen finances amid ‘brutal’ conditions

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

Oil giant BP sets net-zero target by 2050

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

BP signs oil deal with Abu Dhabi worth $2.22bn

Digital Desk -
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...
BUSINESS

BP signs oil deal with Abu Dhabi worth $2.22bn

Digital Desk -
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...
BUSINESS

Low oil price sees BP profits plunge 44%

Digital Desk -
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...
TECHNOLOGY

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

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

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

Digital Desk -
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...
BUSINESS

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

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

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

Digital Desk -
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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