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BP’s numbers to boost windfall tax talk

BP’s first quarter results will do nothing to quell talk of a windfall tax on oil and gas companies,” says AJ Bell investment director Russ Mould. The oil giant might… The post BP’s numbers to boost windfall tax talk appeared first on London Business News | Londonlovesbusiness.com.

BP shares tumbles after it offloads stake in Rosneft amid Ukraine conflict

Shares in BP fell nearly six per cent this morning after the oil giant announced last night that it would offload its 20 per cent stake in Russian-owned Rosneft. It… The post BP shares tumbles after it offloads stake in Rosneft amid Ukraine conflict appeared first on London Business News | Londonlovesbusiness.com.

BP was warned in 2021 that sanctions on Russia ‘could adversely impact income and investment’

BP was warned last year over the impact on their business should Russia be hit with sanctions by the West. Global leaders are mounting severe packages of sanctions on Russia… The post BP was warned in 2021 that sanctions on Russia ‘could adversely impact income and investment’ appeared first on London Business News | Londonlovesbusiness.com.

Falling debt helps to explain rising share price at BP and Shell

While it is a surge in profits from both oil and gas that continues to grab the headlines at BP and Shell, the real secret to their share price success… The post Falling debt helps to explain rising share price at BP and Shell appeared first on London Business News | Londonlovesbusiness.com.

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