BP halts share buybacks and ramps up cost-cutting as profits slump
- Posted on February 10, 2026
- By Evening Standard
- 3 Views
BP halts share buybacks and ramps up cost-cutting as profits slump
The FTSE 100 oil giant reported a 16% fall in underlying replacement cost profits to 7.49 billion US dollars (£5.47 billion) for 2025.
