The Latest Breaking News from British Petroleum

British energy giant BP has posted strong quarterly profit numbers even as energy prices that soared after Russia’s war in Ukraine last year have eased off

Shares in the FTSE 100 oil major fall as rate of share buybacks also eases

US Treasury Secretary Janet Yellen has written to congressional leaders warning that the federal government could run out of cash as early as June 1, unless they agree on raising the debt limit or suspending it. President Joe Biden has invited Republican House leader Kevin McCarthy for talks on May…

Just under £4bn of profit was reported between January and March, due to strong performance in oil trading

OIL giant BP’s profit was more than half a billion pounds higher than expected in the first three months of the year as the business continued to…

The huge quarterly profit figure has led to critics claiming the profits are undeserved while many are struggling to heat their homes due to rising fuel costs.

Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of year

The FTSE 100 index today regained lost ground during a busy session for blue-chip updates.

Party wants greater taxation on North Sea profits to fund freeze on council tax for cash-strapped UK households

The Government has been accused of giving these companies “generous and untargeted handouts” by Labour as millions struggle through the cost of living crisis.

Firms including BP and Shell are this week set to announce profits of more than £10billion since the start of the year