British oil giant BP posts $2.3 billion in third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish oil major BP on Tuesday reported stronger-than-expected third-quarter profit.The energy firm posted underlying replacement cost profit, used as a proxy for net profit, of $2.3 billion for the...

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Norway sovereign wealth fund posts Q3 earnings 2024

The headquarters of the Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Jan. 30, 2024.Bloomberg | Bloomberg | Getty ImagesNorway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).The so-called Government Pension Fund Global, one of the world's largest investors,...

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World’s largest sovereign wealth fund posts $138 billion in H1 profit

The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks.The so-called Government Pension Fund...

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BP beats profit expectations after warning of weaker oil refining

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty Images News | Getty ImagesBritish oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower...

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