The Latest Breaking News from British Petroleum

Senate Democrats aim to continue a House investigation into the oil industry's so-called supermajors and what they knew about climate change.

Mark Dreyfus accuses Michaelia Cash after her appearance on controversial Sky News segment

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…

London (AFP) - British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter, recovering from a record loss a year earlier as it ended operations in Russia after the Ukraine invasion.

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.