BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising ...

BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil ...

After years of pledging to cut fossil fuel output, Big Oil is pivoting back to large-scale oil and gas exploration as the ...

CEO Murray Auchincloss has launched a full oil and gas portfolio review in a bid to cut costs as the energy giant faces ...

Oil giant BP has underlined the value of its North Sea business ahead of a review of the group's global operations that will be accompanied by ...

JERA form JERA Nex bp, a UK-based offshore wind venture with 13 GW in capacity, deepening UK-Japan ties and expanding clean ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil ...

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

BP will cut over 6000 jobs this year as part of a new review of its business and cost base, as the UK supermajor remains ...

The establishment of JERA Nex bp signifies a pivotal step towards bolstering the offshore wind sector's procurement ...

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...