BP Plc said it expects to write down another $1 billion from energy transition assets in the second quarter, as the British major continues the painstaking work of re-orientating itself toward its ...

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(Bloomberg) — BP Plc said it expects to write down another $1 billion from energy transition assets in the second quarter, as the British major continues the painstaking work of re-orientating itself ...

BP has said it expects a further boost to oil trading in its second quarter due to the soaring cost of crude, but flagged a write-down of around £1 billion dollars (£740 million) and expects ...

(Update) July 14, 2026, 9:42 PM GMT+1: Article adds debt level, analyst comment and shares beginning in the fifth paragraph. BP Plc said it expects to write down another $1 billion from energy ...

BP has said it expects a $1bn impairment for its gas & low carbon energy segment, amid the supermajor's ongoing retreat from renewable energy to refocus on oil and gas. The update came today in a ...

ConocoPhillips said on Friday that it had agreed to buy a 42% stake in BP Energy Company of Kirkuk Limited. The announcements are expected during the U.S.-Iraq Business Summit in Washington. In this ...

LONDON, July 15 (Reuters) - BP (BP.L), opens new tab is proposing to close its venturing arm and has reached an agreement to sell minority interests in more than 10 companies in the portfolio to ...

Thank you for signing up! Did you know with a Plus subscription to Shropshire Star you get full access to our award winning journalism for the news that matters to you and more. BP has said it expects ...

BP has flagged a boost to oil trading but warned over a £740 million write-down amid Middle East concerns. The FTSE 100 giant says its oil trading result is set to be “slightly higher” than the first ...