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Tag: BP

EnQuest builds portfolio

BP sells stake in oil field and Sullom Voe terminal

Bob Dudley
BP has sold 25% of its North Sea Magnus oilfield and and control of the Sullom Voe terminal to..

Third quarter figures

BP takes price hit; Shell up on higher output

shell
Oil giants BP and Shell unveiled third quarter figures with the former taking a further hit from the lower oil price and higher costs, while the latter benefited from increasedRead More

Profits halved at oil giant

BP ‘has learned from Deepwater accident’ says Dudley

Bob Dudley
BP said it had "finally drawn a line" under its liabilities for the Gulf of Mexico oil spill and is now a stronger company..

Supply and demand 'rebalancing'

Dudley predicts oil price rise as BP beats expectations

Bob Dudley
BP reported a fall in profit in the first quarter as it continued to battle low oil prices, though it was better than expectations. READ MORE

IoD boss says vote is warning to others

Shareholders vote down BP boss Dudley’s £14m pay deal

Bob Dudley
BP shareholders have overturned the bumper £14 million pay package for chief executive Bob Dudley in one of the biggest ever rejections of a corporate pay deal. READ MORE

Oil giant 'rebalancing' to new climate

BP to slash spending by $6 billion as profits slip on oil price collapse

BP said it would cut its exploration spending by up to $6 billion and delay marginal projects after profits fell in the fourth quarter as a result of the decliningRead More