BP Midstream Partners LP Stock News

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.

BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.

BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion (5.12 billion pounds) loss in the second quarter as the coronavirus crisis hammered energy demand.

Energy group BP will increase its low-carbon spending to $5 billion a year by 2030 and boost its renewable power generation to 50 gigawatts (GW) while shrinking oil and gas output by 40% compared with

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.

Company to shift towards clean energy after writing down value of its oil and gas assets

BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business.

LONDON (AFP) - BP plunged into a net loss of almost US$16.85 billion (SUS$23.1 billion) in the second quarter, the British oil giant announced on Tuesday (Aug 4), as the coronavirus pandemic ravaged d

Energy group BP said it would increase its low-carbon spending by 2030 to $5 billion (3.82 billion pounds) a year and boost its renewable power generation to 50 gigawatts, while shrinking its oil and

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.

BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion (5.12 billion pounds) loss in the second quarter as the coronavirus crisis hammered energy demand.

Oil giant BP on Tuesday cut its dividend in half after reporting a $16.8 billion loss for the second quarter.

European stocks are heading for a tepid open to Tuesday's trading as investors react to a slew of corporate earnings, after positive manufacturing data around the world drove stocks higher to start th