The deal values Castrol at $8 billion and represents one of BP’s biggest moves to revive its fortunes after an ill-timed turn ...

BP plc BP, a global leader in the energy sector, anticipates robust results from its trading operations in the first quarter of 2024, with a notable uptick in oil transactions. In its latest trading ...

BP employees' performance on safety issues will be the only measure for awarding fourth-quarter bonuses, the British oil company said Tuesday as it tries to tighten performance and clean up its image ...

BP has agreed to sell a 65% stake in its Castrol lubricants business to U.S. investment firm Stonepeak for about $6 billion, ...

BP PLC (LON: BP) is reportedly close to finalizing a major deal to sell a majority stake in its Castrol lubricants business ...

BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report. CEO Murray ...

BP is cutting costs and raising production -- a beautiful combination. As will be the case with other members of Big Oil, Europe's second-largest oil company, BP (NYSE:BP), is currently involved in a ...

The contemptuous disregard for minimal safety procedures was brought on by pressure from the very top of the company. It was the never-ending demand to minimize expenses and maximize profits, which ...

Meg O’Neill of Australia’s Woodside Energy will lead the British energy giant, replacing Murray Auchincloss, who will exit ...

Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a ...