Offshore Technology on MSN
BP reports dip in net profit in Q3 2025
The company noted that higher crude and gas production helped offset weak oil trading results during the quarter.
BP Plc’s profit exceeded expectations with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum.
BP accelerates overhaul with higher asset sale target as profits beat forecasts - The oil giant reported third quarter underlying replacement cost profits of 2.21 billion US dollars (£1.68 billion), ...
British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and cost-cutting helped offset a drop in crude prices.
BP Plc's profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower ...
BP expects a rise in upstream production and higher refining margins in its products segment to boost earnings, but warned of a weak contribution from its oil trading division. The company is in the ...
BP generated a net profit of $1.509 billion in the third quarter, far higher than the $370 million reported a year earlier, ...
In a statement sent to Rigzone by the BP team on Monday, BP announced the award of a rig contract to Valaris for the DS-12 deepwater drillship to drill five wells in the Mediterranean. The statement ...
BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global ...
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