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 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 ...

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 ...

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 ...

BP plc is rated a strong sell due to weak financials, poor reserve life, and underperformance versus peers. BP suspended its buyback program to prioritize deleveraging, targeting net debt reduction ...

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 ...

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 ...

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 ...

BP is set to drill an exploration well in the US Gulf later this year, in the same bountiful play where the UK supermajor is developing two of its key growth projects in the region. Dubbed Conifer, ...

LONDON, Feb ‌10 (Reuters) - BP posted quarterly profit ‌in line with analyst expectations on Tuesday and suspended its share buyback programme as it wrote down around $4 billion in its renewables and ...