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The Guardian - UK

Business

Jillian Ambrose Energy correspondent

BP faces calls for new strategy to end period of turbulence

British Petroleum Oil Follow This Citi

A BP sign — City analysts forecast BP profits of about $7.5bn (£5.5bn), down from almost $9bn in 2024. Photograph: Nicholas.T Ansell/PA

BP will face pressure from shareholders to prove it can leave a turbulent period in the past as it prepares to reveal its full-year results this week.

The company is expected to follow industry rivals by reporting weaker annual profits after global oil prices fell for a third consecutive year in 2025, in the steepest decline recorded since the Covid pandemic.

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