BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...

BP has a market cap of over $80 billion, strong EBITDA, and a nearly 6% dividend yield, showcasing robust shareholder returns. The company plans to grow EBITDA by 6% with new projects and LNG ...

Bernard Looney is out as CEO of BP after failing to fully disclose personal relationships with colleagues, the company said Tuesday. "Mr. Looney has today informed the Company that he now accepts that ...

Union workers at the BP Whiting Refinery hit the picket line Thursday after being locked out by the company amid a contract ...

BP announced Tuesday night that it will initiate a lockout for more than 800 USW Local 7-1 employees, effective midnight ...

BP stock has been held back by its planned drop off in production in the back half of the decade. New management are open to bringing on new projects that would stem this decline, even as they state ...

BP‘s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition ...

Takeover speculation regarding British oil and gas giant BP appears to have dried up, with shares of the company up more than 32% since early April. BP’s strategic reset and a leadership shake-up have ...

New York (CNN) — Former BP CEO Bernard Looney is forfeiting about $40 million in severance because the company’s board determined he engaged in “serious misconduct” for not fully disclosing his ...

Oil company Aker BP is to deploy a containerized Edge data center on an oil rig. Edge data center firm Armada this week ...