BP plc

BP

BP plc

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BP earnings triple as energy firm profits from rising prices

LONDON (AP) — BP’s earnings tripled in the second quarter as the British energy giant profited from oil and after .

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Qatar Energy to cut emissions as methane movement grows

DUBAI, United Arab Emirates (AP) — The state-owned oil and gas company Qatar Energy said Monday it is joining a new industry-led initiative to...

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Dredging company to pay $1M for restoration work oil spill

NEW ORLEANS (AP) — A Houston dredging company has been ordered to pay a $1 million fine for during barrier island restoration work off Louisiana...

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Biden tells oil refiners: Produce more gas, fewer profits

President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time...

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Shell reports record 1st-quarter earnings as oil prices soar

LONDON (AP) — Energy giant Shell reported record first-quarter earnings after a , fueling calls for the British government to impose a tax on...

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Strong BP profit renews call for energy sector windfall tax

LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices, renewing calls for a U.K....

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Asian shares slip ahead of Fed interest rate decision

Shares were mostly lower in Asia on Wednesday, with markets in China, Japan and some other markets still closed for holidays.

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Biden increases oil royalty rate, scales back lease sales

BILLINGS, Mont. (AP) — The Interior Department on Friday said it’s moving forward with the first onshore under President Joe Biden, but will...

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Democrats accuse oil companies of 'rip off' on gas prices

WASHINGTON (AP) — House Democrats on Wednesday accused oil companies of "ripping off the American people” and putting profits before production as...

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Baker Hughes joins oil rivals in pausing Russian operations

NEW YORK (AP) — Baker Hughes, a major U.S. oil services company, added its name Saturday to the growing list of U.S. companies that are pulling...

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Not all Western companies sever ties to Russia over Ukraine

A shrinking number of well-known companies are still doing business in Russia, even as have announced plans to .

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Russia built an economy like a fortress but the pain is real

Western sanctions are dealing a severe blow to Russia's economy. The ruble is plunging, and sharply higher prices are in the offing. Familiar...

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US strikes harder at Putin, banning all Russian oil imports

WASHINGTON (AP) — Striking harder at Russia’s economy, President Joe Biden on Tuesday ordered a ban on in retaliation for Vladimir Putin’s . The...

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Mastercard, Visa suspend operations in Russia after invasion

NEW YORK (AP) — Mastercard and Visa are suspending their operations in Russia, the companies said Saturday, in the latest blow to the country's...

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Russia-Ukraine War: What to know on Russia's war in Ukraine

Russian President Vladimir Putin warned Saturday that , while Ukrainian President Volodymyr Zelenskyy as Russian forces continued to batter...

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Live updates: Ukrainian paramedic remembered for bravery

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