British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. Stream Connecticut News for free, 24/7 ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins, announcing a $1.75 billion share buyback and a pledge to "fundamentally" reset its strategy.

British oil giant BP announced Tuesday an 86 percent slide in annual net profit, hit by lower crude prices and a huge write-down linked to its green energy transition. Profit after tax dropped to $55 ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea. By Stanley Reed Reporting from London A court in Scotland blocked ...

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. The energy firm posted underlying ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins and pledged to "fundamentally" reset its strategy. Despite this, the embattled energy company ...