LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...

BP has reported a 16% drop in annual profits following the slump in wholesale oil prices towards the end of 2025. The company, which is awaiting the arrival of a new chief executive in April amid its ...

BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...

BP (NYSE: BP) is suspending share buybacks and retiring the goal to return 30-40% of operating cash flow to shareholders, as the supermajor looks to strengthen its balance sheet amid intense ...

The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive Business live – latest updates BP has halted share buybacks after reporting weaker annual profits as it ...

HOUSTON/LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab is seeking a license from the U.S. government to develop its Manakin-Cocuina gas field that crosses the border between Trinidad and Tobago ...

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn BP will face pressure from shareholders to prove it can leave a turbulent period in the ...

The company recognized around $4 billion after-tax of impairments—mainly in biogas and renewables—contributing to a fourth-quarter IFRS loss of $3.4 billion as BP “high-grades” its portfolio and ...

LONDON, Feb ‌10 (Reuters) - BP posted quarterly profit ‌in line with analyst expectations on Tuesday and suspended its share buyback programme as it wrote down around $4 billion in its renewables and ...

BP BP-0.20%decrease; red down pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...

BP announced Tuesday that it would stop a program to buy back its own stock and eliminate a target for investor payouts as the oil and gas company works to shore up its finances. Interim CEO Carol ...