BP announced it had reconsidered its ambitious zero carbon goals after rising oil prices delivered … [+] strong second-quarter profits. (Photo by Matt Cardy/Getty Images) Getty Images How much c...
Tag: Bernard Looney
BP’s 2022 Earnings Round Out A Record Year For Oil Majors
BP CEO Bernard Looney speaks during an event in London on February 12, 2020, where he declared the … [+] company’s intentions to achieve “net zero” carbon emissions by 2050. (P...
BP Posts Record Profits In 2022. Should You Buy Its Shares Today?
Photo by Oli Scarff/Getty Images Getty Images BP’s share price was the leading riser on the FTSE 100 on Tuesday following the announcement of record profits in 2022. At 507p per share the oil major wa...
Last Twenty Years Clarifies Call For Windfall Profits Tax.
Senator Bob Dole (Republican – Kansas) proposed a windfall profits tax tied to inflation circa 1980. Bettmann Archive When profits reported by oil and gas companies are big, they can be really b...