BP Has Bumper Profits on High Oil Price
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Oil Giant BP Plc reported bumper  third-quarter profits thanks to high oil prices, but its higher  capital expenditure plans raised some concerns about the size  of future share buybacks.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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Oil giant BP reports buoyant trading in the third quarter, with production up by 11%, on the back of soaring crude prices.
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Exxon Mobil Corp. , the world's largest publicly traded oil company, on Thursday reported a rise in quarterly profit, driven by soaring oil and gas prices in the quarter.
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Exxon Mobil Corp, the world's largest non-government-controlled oil company, on Friday posted the highest-ever quarterly and yearly profits by a U.S. company, propelled by record oil prices.
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Oil giant BP today said record fuel prices and better refining margins had helped it to bank nearly Â£1 million a day in profits. BP posted profits of 3.94 billion US
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Occidental Petroleum Corp. OXY.N,  among the top U.S. oil and gas producers, on Thursday said  quarterly profit shot up 70 percent, spurred by the dramatic  rise in oil and gas prices in recent months.
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Exxon Mobil Corp. , the world's  largest public oil company, on Thursday reported quarterly  profit surged 35 percent to top $10 billion, driven by yet  another quarter of sharply higher oil prices.
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After months of soaring crude oil prices, BP, the world&#39;s second-biggest publicly traded oil company, reported a 43 percent rise in third-quarter profit on Tuesday and forecast
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ChevronTexaco Corp., the No. 2 U.S. oil company, on Friday reported a rise in quarterly profit, pumped up by record oil and gas prices and gains on asset sales.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday said quarterly  profit surged 56 percent, driven by soaring oil prices and  strong results from refining operations.
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ExxonMobil Corp. and Royal Dutch/Shell Group yesterday reported large increases in third-quarter profits, part of an industry-wide windfall caused by high oil prices and strong demand.
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Resource stocks kept London equities in positive territory on Friday, and fresh record oil prices helped BP shares shrug off news of record fines from US regulators.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.
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Exxon Mobil, the world's largest public oil company, makes a record $25bn profit in 2004 on the back of surging oil prices.
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Profits at oil services firm Halliburton more than double to $1.5bn after its split from subsidiary KBR.
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BP's annual profits rise 26% to $16.2bn (Â£8.7bn) as the company benefits from soaring oil prices.