Meg O’Neill will be first woman to serve as CEO of 117-year-oil firm when joining from Woodside Energy in April The incoming chief executive of BP will take home at least £11.7m this year after ...

BP says new sanctions relief on Venezuela allows it to proceed on a major offshore natural gas project in the region. A company spokesperson told Upstream that a new general licence granted to BP by ...

In its latest update on union negotiations, BP announced that it’s seeking a six-year contract term and a 150-day notice before any United Steelworkers union strike or lockout. “Extending the notice ...

BP refinery workers in Northwest Indiana held a rally this past weekend as they escalate their fight for a contract. The rally came after three weeks of rolling 24-hour contract extensions. The United ...

BP BP0.04%increase; green up pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...

UK supermajor BP reportedly is seeking a partner to help boost production and shoulder some of the costs at the Kirkuk oilfield onshore Iraq. The operator last February signed a deal with the Iraqi ...

The United Steelworkers Union announced on Thursday that its workers should prepare for a strike or lockout at the BP Whiting refinery. USW 7-1 members authorized an initial financial transfer from ...

BP BP-2.21%decrease; red down pointing triangle said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that ...

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 on Tuesday reported third-quarter net profit of $2.21 billion, beating analyst expectations. The results come just over eight months after the oil and gas company launched a fundamental strategic ...

BP Plc said weak oil trading undercut profit while production increased for a second straight quarter, offering investors a mixed snapshot as the energy giant continues efforts to improve performance.

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil ...