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$1bn drive to slash costs as oil price hits BP’s profits

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BP’s Hayward claims oil giant is back on track

27.10.09
Rising production and the most benign hurricane season in recent years has seen BP thrash City estimates and report a 60% surge in profits to $4.7 billion (£2.8 billion) over the summer ... more

Oil passes $80 as US earnings cheer market

20.10.09
Oil prices surged above $80 a barrel today for the first time this year after strong corporate earnings in the US boosted investor confidence ... more

Shell reports 70% dip in profits

30.07.09
Royal Dutch Shell announced a 70% slide in profits to £1.4 billion in the period between April and June... more

$1bn drive to slash costs as oil price hits BP’s profits

28.07.09
BP reported a 53% dive in profits as the global recession dragged down energy prices and demand for oil ... more

BP 'steering steady course' despite profits dive

28.07.09
BP announced a 53% slump in profits, but the oil giant said it continued to steer 'a steady course through choppy waters'... more

Ericsson boss Svanberg is BP's choice for chairman

25.06.09
BP's three-year search for a new chairman came to an end as the British oil giant appointed the Swedish boss of Ericsson, Carl-Henric Svanberg... more

Stroppy shareholders are making the hot seat just too uncomfortable

25.06.09
BP may finally have got its man, but a number of other companies remain chairmanless amid fears that the role at some of Britain's biggest companies may have become just too unpalatable.... more

A new name in the frame as BP struggles to fill the top job

15.06.09
Investors might begin to wonder whether it has become the most poisoned chalice in British business: the chairmanship of BP, the job that apparently nobody wants... more

Oil price peaks and costs look set to surge

10.06.09
Oil prices hit highs not seen since last autumn as experts around the world predicted a new surge in energy costs ... more

Arsenal oligarch logs into Facebook

29.05.09
Although the paying punters want nothing to do with him, controversial businessman Alisher Usmanov - one of Russia's few remaining billionaires - owns 25% of Arsenal's shares ... more

BP chief on £2.5m despite job cuts

05.03.09
BP chief executive Tony Hayward's pay rose by 16.5% to £2.5 million last year, during which he ordered thousands of redundancies at the oil giant... more

BP plunges on hint of freeze in the dividend

03.03.09
Shares in BP were on the slide after the supermajor indicated it may hold this year’s dividend payments at last year’s payout levels... more

How safe is the BP dividend?

26.02.09
Energy analysis: Earlier this month, one excited City analyst was moved to confirm there is now a trinity of certainties in life: in addition to death and taxes, the oil-watcher argued, you can also rely on BP dividends... more

Jobs toll set to rise as BP posts a loss for quarter

03.02.09
Energy: Oil giant BP has plunged to its first quarterly loss in seven years, and admitted it is to axe more than the 5000 jobs it previously signalled... more

Not a vintage time to sell off good wine

29.12.08
Remember wine? Not the anaesthetic of office parties, but Wine with a capital W like, say, first-growth clarets with swaggering names (Lafite-Rothschild, Latour, Margaux, Haut-Brion, Mouton-Rothschild) and vertiginous prices? ... more

BP profits rocket to £6.4bn and dividend gets 64% boost

28.10.08
Energy: BP shattered City forecasts with a 148% surge in third-quarter profits to a record $10bn as new chief executive Tony Hayward's turnaround strategy really kicked into gear... more

BP feels backlash as profits hit £6.4bn in three months

28.10.08
Energy firms faced huge pressure to slash petrol and fuel bills after oil giant BP posted record profits of £6.4 billion in three months... more

Income funds start to dump Lloyds and HBOS

14.10.08
Institutional investors have begun dumping large parcels of shares in two of the Government’s newly nationalised banks, HBOS and Lloyds TSB, because they no longer fit their investment criteria... more

Business

08.10.08
... more

A retreat from Moscow that may not ease the problems

04.09.08
When crude was hitting its record highs of more than $147 a barrel in early July, BP’s shares were in sharp decline, a fall that has been extended in recent weeks to wipe around £30 billion off the value of Britain’s largest company... more

BP Russia chief to go in bid to settle row

04.09.08
Energy: An end could be in sight to the fractious and potentially highly damaging dispute over BP’s huge interests in Russia — but at the cost of the departure of the chief executive at its Russian joint venture... more

BP could be in for a rough ride with Todd

04.09.08
Initial excitement at BP’s St James’s headquarters over the Republican Party’s choice of Presidential running mate has quickly subsided... more

Head of Russian venture in hiding after 'intimidation'

29.07.08
Bob Dudley's whereabouts are to be revealed 'in the next few days' after the head of TNK-BP fled from Moscow following a string of allegations against him... more

BP profits soar to £42m a day as the oil price doubles

29.07.08
Record oil prices have seen the British energy powerhouse set record profits, despite there being no increase in production.... more

Motorists' anger as BP rakes in £37m daily profit

29.07.08
BP sparked anger today with profits of £6.75 billion - the equivalent of £37million a day... more

No return to cheap energy, BP chief warns

09.06.08
Oil production is too low and will remain so while governments fail to encourage new exploration... more

Gas prices surge puts heat on household energy bills

09.06.08
Wholesale gas prices for next winter are now more than double last winter's 48p, says one trader... more
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