BP (LON:BP) (NYSE:BP) shares climbed on Monday after the energy giant announced a major oil and gas discovery offshore Brazil, the company’s largest find in 25 years. The discovery was made in the ...

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BP to update on cost-cutting progress - report

In February, BP CEO Murray Auchincloss outlined plans to cut between $4 billion and $5 billion in costs by 2027, using 2023 as the baseline year. However, Elliott is urging the company to aim for an ...

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Shell profit drops by almost a third on lower prices, but beats expectations

LONDON (Reuters) -Shell’s second-quarter net profit tumbled by almost a third on Thursday, dragged down by a drop in oil prices, lower gas trading results and outage-related losses from its chemicals ...

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Shell Maintains $3.5 Billion Share Buyback Despite Dip In Profits

Energy giant Shell has maintained the pace of its $3 billion-plus share buybacks, despite quarterly profits falling by a third in the face of falling oil and gas prices.

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FTSE 100 passes 9,000. Can it stay there?

The UK stock market’s flagship index hit a new high this morning, but with investor confidence in the UK waning, will the FTSE 100 maintain its new highs?

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