BP (NYSE:BP) -5.1% in Thursday's trading, as energy stocks sink alongside crude oil prices with traders focusing on the escalating U.S.-China trade war. UBS downgraded BP (NYSE:BP) to Neutral from Buy ...

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company plans ...

LONDON (Reuters) - BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy chief as ...

The oil giant said that the charges 'are primarily attributable to the gas and low carbon energy segment' of the business.

BP logo and a model of an oil derrick pump. BP has been a leader in the energy transition since 2020, when its goal was 40% renewables by 2030. This was reduced in 2023 to 25% renewables by 2030. The ...

BP’s head of trading, Carol Howle, will serve as interim chief executive until O’Neill, who has led Australian energy firm Woodside Energy since 2021, takes up her new role on April 1, the company ...

U.S. infrastructure investor Stonepeak has emerged as the leading contender to acquire BP's (BP) Castrol lubricants unit, as the Financial Times reported Thursday it is in advanced talks over an offer ...

Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...