BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...

LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...

BP said it was halting stock buybacks as the oil and gas giant said it wanted to rebuild its balance sheet. The London-based energy group UK:BP BP said Tuesday it was trying to reduce net debt by as ...

The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...

BP (BP) -7.3% in Tuesday's trading after saying alongside Q4 earnings results that it has suspended its share buyback program that already had been reduced last year and withdrew guidance of returning ...

An agreement still has not been reached nearly one week after the United Steelworkers union announced it was prepared for a strike or lockout at the BP Whiting refinery. The groups are expected to ...

BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...

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BP BP-0.20%decrease; red down pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...

Oil major BP (BP) is set to report fourth-quarter earnings before the market opens on Tuesday, February 10. Wall Street expects EPS of $0.60, representing 36.4% year-over-year growth, on revenue of ...

LONDON, Feb 10 (Reuters) - BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial ...

Add Yahoo as a preferred source to see more of our stories on Google. GARY, Indiana — An agreement still has not been reached nearly one week after the United Steelworkers union announced it was ...