BP has revealed it is to miss key climate target as annual profits hit record £23bn.The London-based firm said its main measure, underlying replacement cost profit, came in at $27.7bn (£23bn ...

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 ...

BP’s underlying profit more than doubled to a record $27.7 billion last year, sparking renewed outrage from green groups and unions demanding far greater action on tackling climate change and a ...

LONDON, Feb 7 (Reuters) - BP (BP.L) reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and ...

Total pay for BP's CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing ...

BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a record run of earnings for the world’s oil majors that is fueling calls for higher taxes ...

Investing.com -- BP PLC (LON:BP) has unveiled annual income that more than doubled to a fresh record high, leading the oil major to kick off a fresh round of share buybacks and hike its dividend.

Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year ...

BP’s profits more than doubled in 2023 amid a spike in fuel prices during the Russian invasion of Ukraine. Accounts published on Tuesday, 7 February, showed that the oil and gas giant recorded ...