BP profit plunges by 70pc
Britain鈥檚 BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business...
Tags : energy giant
Shell annual profit drops
British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...
TotalEnergies halts new investment in India鈥檚 Adani
French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate Adani, after the indictment of its billionaire founder on US bribery charges, an announcement which saw Adani Green shares lose 7.9 per cent on the Indian stock market...
BP takes hit on cut to oil refining in Germany
British energy giant BP on Tuesday said it would take a financial hit of up to $2 billion after recently announcing it planned to reduce oil refining in Germany...