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 ...
BP is parting ways with the chief executive who led its early drive for increased profits from oil and gas, after investor pressure for more progress. It was announced after markets had closed in the ...
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 ...
BP’s downfall reached its peak with the Deepwater Horizon disaster. Corporate negligence, ignored warnings, and cost-cutting decisions culminated in one of the worst environmental catastrophes in ...
BP’s stock price target has edged higher, with recent analysis increasing its fair value estimate from $4.59 to $4.72 per share. Analysts point to a lower discount rate and rising confidence in BP's ...
This article first appeared on GuruFocus. BP Plc's (NYSE:BP) third-quarter results have injected a fresh dose of confidence into its turnaround story. The British energy major posted an adjusted net ...
BP Plc’s profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...
BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...
BP employs about 4,000 people in the Houston area, more than any other location in its global footprint. While the company hasn't said exactly how many local jobs will be impacted, concerns are ...
Aug. 5 (UPI) --British energy giant BP announced Tuesday its biggest oil and gas find in decades in the South Atlantic, amid a pivot back to its fossil fuel roots and away from renewable energy.
BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...
BP Plc will exit its role in a massive green hydrogen production facility planned in Australia as the British oil major refocuses on the fossil fuels that drive its profits. The company told its ...