Oil (Petroleum) and Gasoline – Page 56

BP Reports Sharply Lower Earnings as Oil Prices Slide

The energy company offset a slide in profit by raising its dividend by 10 percent.

By Stanley Reed

With a general election expected next year, the government said it would issue new licenses for energy exploration in the North Sea.

By Stanley Reed

The company’s record profit a year earlier was driven by a surge in oil prices after Russia’s invasion of Ukraine.

By Santul Nerkar

After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.

By Stanley Reed