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 ...

BP rises despite saying it expects weaker oil trading and falling prices to weigh on Q4 earnings, while expecting net debt to ...

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

By Stephanie Kelly LONDON, Jan 14 (Reuters) - Climate activist shareholder group Follow This and more than 20 other investors ...

BP plc said it expects to take as much as US$5 billion in writedowns for the fourth quarter, just weeks after replacing its ...

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

BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...

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

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