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 ...

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 ...

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

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

Energy groups are refocusing on exploration in anticipation of the world remaining hooked on fossil fuels for decades ...

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 ...

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

Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...

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

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...