Once-dominant energy giant BP has suspended its share buyback program and ramped up cost-cutting to address a turbulent ...

The jet fuel market is poised for growth due to increasing air passenger traffic, sustainable aviation fuel mandates, and the ...

BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...

British oil giant BP announced Tuesday an 86 percent slide in annual net profit, hit by lower crude prices and a huge ...

With ScotWind leases largely foreign-owned and nuclear ruled out, costs rise while security weakens. If further proof were needed, the SNP ’s uncritical pursuit of net zero – regardless of cost, ...

BP has become the first oil major to suspend its share buyback programme, as the company intensifies its efforts to shore up its balance sheet after an ambitious push into green energy backfired.

In a blow to investors, BP said it was suspending its share buyback programme 'to accelerate strengthening' of its balance sheet.

SSE looks overvalued despite strong gains. Explore the £33bn capex, rising debt, EPS targets and weak dividend yield—read ...

At its peak, Corio had a 30GW offshore wind pipeline, but actually delivering those projects proved more difficult ...

Balancing these concerns, there was divergence between Shell and BP as they announced full-year 2025 financial results. Shell ...

By Johann M Cherian and Ragini Mathur Feb 10 (Reuters) - Europe's benchmark share index closed flat on Tuesday as investors weighed mixed corporate updates, with BP's decision to suspend share ...