BP Stock Hit by Planned Move to Relinquish 20% Stake in Russian Oil Giant Rosneft
(Reuters) Shares of British Petroleum traded more than 7% lower on Monday after news it would sell stake in the Russian oil giant Rosneft of 19.75%. The slip in the…
BP Reaps From High Commodity Prices as Q421 Profit Hits Above-Estimate $4.1B
(BP) Oil giant British Petroleum posted a net profit of $4.1 billion in the fourth quarter of 2021, more than an estimated $3.9 billion. The company’s underlying replacement cost profit,…
BP Performs Poorly in Carbon Emission Control, Research Shows
(Bloomberg) British Petroleum has come under pressure after data from the Permian Basin, US largest oil field, revealed that its operations were among the dirtiest among the firms operating there.…