The record earnings of BP and Shell do not reflect the challenges most North Sea producers face from the windfall tax, argued ...

LONDON — 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 ...

BP (BP) paid CEO Bernard Looney more than doubled last year to £10M from £4.46M in the previous year after the company posted record profits of $27.7B (£23M). BP said in its 2022 annual report ...

BP and Abu Dhabi's state oil giant have made a non-binding offer to acquire 50 per cent of Israeli offshore natural gas ...

Last week:Exxon Mobil reports record annual profits for 2022; White House calls earnings 'outrageous' In its 2022 results release published Tuesday, BP posted a company record for annual ...

Across the Channel, BP on Tuesday announced net profits of $27.7 billion ... Norway’s Equinor, meanwhile, announced record net profits of $28.7 billion in a year that it replaced Russia as the EU’s ...

Workers are being left out in the cold when it comes to sharing this wealth, according to Unite general secretary Sharon ...

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

The profits follow similar reports in February from international peers BP, Shell, Exxon Mobil and Chevron which have mostly posted record profits for last year. Oil prices swung wildly in 2022 ...

Total pay for BP’s CEO more than doubled to $12 million last year, as soaring energy costs allowed oil and gas companies to ...

In February, BP announced it would scale back its climate change plans after raking in record profits on the back of soaring ...