U.S. infrastructure investor Stonepeak has emerged as the leading contender to acquire BP's (BP) Castrol lubricants unit, as ...

BP has canceled the development of its planned 1.5 GW Duqm Green Hydrogen Project in Oman, Hydrogen Insight reported.

The dirty energy industry is raking in profits while citizens worldwide suffer the effects of Earth’s rising temperatures. “This is what a broken energy system looks like: Oil giants get richer ...

BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its ...

BP (NYSE:BP) will issue an update on its progress in its $5B cost-cutting initiative alongside its half-year results on Tuesday, the Financial Times reported Monday, as activist investor Elliott ...

BP anticipates a decline in Q4 upstream production compared to the previous quarter. Analysts expect BP to report earnings of 47 cents, a steep decline from $1.07 per share reported in the same period ...

BP plc BP is set to report second-quarter 2025 results on Aug. 5. In the last reported quarter, its adjusted earnings of 53 cents per share missed the Zacks Consensus Estimate of 56 cents, primarily ...

British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...

BP’s internal probe of the Deepwater Horizon disaster points fingers at rig owner Transocean Ltd. and contractor Halliburton Co. while also accepting some blame for the fatal accident that touched off ...

BP has released a report from its internal investigation of the months-long oil spill in the Gulf of Mexico. It concludes by assigning blame to itself but also to several other organizations involved, ...

BP (BP) is in advanced discussions to sell its Castrol lubricants group to Stonepeak in a deal that could value Castrol at more than $8B, The ...