BP has pledged to “do better” after cancelling a $750m (£549m) shareholder payout as it scrambles to cut debts.

Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next ...

BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.

BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder ...

US firm held talks with LSEG to push performance at time of reduced listings and AI concerns ...

LONDON, Feb 10 (Reuters) - BP posted a fourth-quarter underlying replacement cost profit, or adjusted net income, of $1.54 billion on Tuesday, up around 32% on last year and in line with expectations.

BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.

The company slashed a $750 million quarterly stock repurchases program that had already been reduced last year, according to ...

The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief ...

The hefty fall in the share price at the London Stock Exchange Group has made it a sitting duck for activist investors such ...

Once-dominant energy giant BP is running on empty as it curbs shareholder payouts and unveils fresh attempts to bolster its ...

BP is suspending its share buyback program and retiring its cash flow return guidance to strengthen its balance sheet, ...