Thursday, May 21, 2026
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Tag: BP

BP profit slumps on falling energy prices

British energy giant BP on Tuesday announced a drop in second-quarter net profit as oil and gas prices retreated from peaks reached a year...

PAO hits IBP for nixing poor clients despite gov’t subsidy

The Public Attorney’s Office is questioning the Integrated Bar of the Philippines (IBP) for its supposed refusal to accept indigent clients despite its P130.9...

BP says will pull its capital from Russia’s Rosneft

British energy giant BP announced Sunday that it was pulling its 19.75-percent stake in Rosneft following Russia's invasion of Ukraine. BP's chief executive Bernard Looney...

Major oil firms posted massive losses in 2020

PARIS, France—Already under pressure due to climate change, the world’s top listed oil firms suffered historic losses in 2020 as the COVID-19 pandemic sent...

Oil giant BP booked huge $16.6-b loss in 2nd quarter

London, United Kingdom"•BP plunged into a net loss of almost $16.85 billion in the second quarter, the British oil giant announced Tuesday, as the...

BP to take up to $17.5-billion hit on pandemic, revisits plans

British energy giant BP said Monday that it will take a hit of up to $17.5 billion in the second quarter as "sustained" coronavirus...

CHR urges carbon producers: Face probe

The Commission on Human Rights in the Philippines have called on 47 carbon producers to attend a preliminary meeting in its investigation into their...
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