Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

BP forecasts that weaker realized refining margins will dent the Q4 earnings by up to $300 million. Refinery turnaround ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

BP warns of a potential dip in fourth-quarter profits due to lower production, weak refining margins, and sluggish trading.

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.

BP announced that its fourth-quarter profits will decrease due to lower refining margins. The company anticipates a decline ...

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...

BP disclosed expected impacts to its upcoming fourth quarter 2024 results as it said its chief executive is recovering from ...

BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects ...

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...

BP projects Q4 upstream production to decline, with unfavorable oil price impacts in the Gulf of Mexico and UAE. Refining margins and oil trading expected to weaken; net debt forecasted to ...

Also, Refining margins are projected to decline by $0.1 billion to $0.3 billion, with increased turnaround impacts, while oil trading performance is anticipated to be weak. BP now anticipates a ...