The Latest Breaking News from British Petroleum

The figures follow rebounding oil prices after economies worldwide have reopened following the early stages of the pandemic

Calls are growing for a windfall tax on energy giants as they reap hefty profits while households and businesses face a cost-of-living crisis.

BP (NYSE:BP) is set to give its latest quarterly earnings report on Tuesday, 2022-02-08. Here's what investors need to know before the announcement. Analysts estimate that BP will likely report an Earnings Per Share (EPS) of $1.17.

BP, like its competitors, looks like becoming a ‘cash machine’ again this week as it surfs the wave of soaring gas prices

‘Obscene’ amounts of surplus cash should be used to ease cost of living crisis, MPs told

Oil prices surpassed $90 for the first time since 2014, due to surging demand but limited supply. Many experts believe oil prices around the world will continue to rally. Therefore, we think foreign oil stocks BP (BP), Eni (E), and Petróleo Brasileiro (PBR) stocks are ideal bets now.

 

Energy companies like Shell, Exxon and BP are enjoying huge profits, all while every day Brits face a massive rise in gas prices amid a tough cost of living crisis

The project is expected to unlock £700m for the Scottish economy and bring thousands of jobs to the city