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The Latest Breaking News from British Petroleum

BP announces £9.5bn annual profit amid calls for windfall tax to help cost of living crisis

The figures follow rebounding oil prices after economies worldwide have reopened following the early stages of the pandemic

BP swings to highest annual profit in eight years

BP swings to highest annual profit in eight years

Calls are growing for a windfall tax on energy giants as they reap hefty profits while households and businesses face a cost-of-living crisis.

The Independent UK

FTSE 100 Live: BP promises UK spending, Ocado shares slide, Tui optimistic for summer travel

FTSE 100 Live: BP promises UK spending, Ocado shares slide, Tui optimistic for summer travel

BP’s annual profits today rocketed to $12.8 billion (£9.5 billion), fuelling calls for a North Sea windfall tax.

Evening Standard

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Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

‘Cash machine’ BP dismisses calls for windfall tax as profits hit eight-year high

Company swings to $12.8bn profit from loss of $5.7bn the year before as it cashes in on gas and oil price hikes

The Guardian - UK

BP profits rocket as critics call for windfall tax

BP made profits of $12.8 billion (£9.5 billion) in 2021 it revealed today, an amount that is likely to lead to fresh calls for a windfall tax on the energy giants.

Evening Standard

Earnings Outlook For BP

BP (NYSE:BP) is set to give its latest quarterly earnings report on Tuesday, 2022-02-08. Here's what investors need to know before the announcement. Analysts estimate that BP will likely report an Earnings Per Share (EPS) of $1.17.

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As energy bills rise, oil giants are poised to make unpopular profits

As energy bills rise, oil giants are poised to make unpopular profits

BP, like its competitors, looks like becoming a ‘cash machine’ again this week as it surfs the wave of soaring gas prices

The Guardian - UK

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

£40bn profits for BP and Shell fuel calls for windfall tax on energy firms

‘Obscene’ amounts of surplus cash should be used to ease cost of living crisis, MPs told

The Guardian - UK

3 Top-Rated Foreign Oil Stocks to Buy Now

3 Top-Rated Foreign Oil Stocks to Buy Now

Oil prices surpassed $90 for the first time since 2014, due to surging demand but limited supply. Many experts believe oil prices around the world will continue to rally. Therefore, we think foreign oil stocks BP (BP), Eni (E), and Petróleo Brasileiro (PBR) stocks are ideal bets now.

Price Over Earnings Overview: BP

Price Over Earnings Overview: BP

How much profit did Shell and BP make in 2021 - as Brits suffer 54% energy price hike

How much profit did Shell and BP make in 2021 - as Brits suffer 54% energy price hike

Energy companies like Shell, Exxon and BP are enjoying huge profits, all while every day Brits face a massive rise in gas prices amid a tough cost of living crisis

Aberdeen City Council confirms BP as partner for new hydrogen hub

Aberdeen City Council confirms BP as partner for new hydrogen hub

The project is expected to unlock £700m for the Scottish economy and bring thousands of jobs to the city

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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‘Very difficult to justify’: Watchdog slams major retailers for price gouging on rapid antigen tests

Major retail chains BP and IGA have been named and shamed by the consumer watchdog for ripping off shoppers with exorbitant rapid antigen test (RAT) prices.

Get your boots on

Re: "Oil spill last straw for Rayong tourism", (BP, Jan 30).

BP & Shell make £900-a-second profits as Brits shiver at prospect of energy bills rise

According to analysis, Shell could reveal profits of almost £4.3billion and BP of almost £3billion in the final three months of last year. Meanwhile, ordinary families are struggling to pay their bills

Could EV Fast Charging Be More Profitable Than Pumping Gas?

Oil companies BP, Shell and Total have been buying up assets in the EV charging value chain. Are they simply planning for the future or hoping to make bank?

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The Guardian - US

Oil firms accused of scare tactics after claiming climate lawsuits ‘a threat to US’

Attorneys for BP, Exxon and Shell claim city of Baltimore’s case over ‘deception and failure to warn’ could kill offshore drilling

BP Whale Trades For January 25

Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Guardian - UK

What’s the game with the name?

Bono is not a fan of ‘U2’. Perhaps a few other bands – and brands – should try less hard when deciding what to call themselves

Commerce Commission ready to rein in record pump prices

MBIE reports increased fuel company profit margins bumping up petrol and diesel prices this summer – but from next month, the companies face new regulations to protect motorists.

What 3 Analyst Ratings Have To Say About BP

Over the past 3 months, 3 analysts have published their opinion on BP (NYSE:BP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

The Guardian - UK

Scottish government in line for near-£700m payday after windfarm auction

Seabed permits given to 17 projects from companies including Scottish Power, Shell, BP and SSE

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