BP has been in a state of flux in the wake of the scandalous exit of former CEO Bernard Looney.. Looney resigned in September 2023 due to his failure to fully disclose past personal relationships ...

A closer look at BP's corporate culture and a number of accidents and spills in the past five years that have raised questions about its commitment to safety. This is FRONTLINE's old website.

BP says “transition businesses” were about 30 percent of $16.3 billion in total investments in 2022. Stanley Reed has been writing from London for The Times since 2012 on energy, ...

Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

The Rumor That Made Sense. When I first saw the headline that there were merger talks about Shell plc (NYSE:SHEL) and BP p.l.c. (NYSE:BP), I didn't roll my eyes.I paused. Because even though the ...

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 it tries to ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With ...

A potential Shell (SHEL) and BP (BP) merger is on investors' minds after The Wall Street Journal reported Shell is in early talks to acquire BP, though Shell has denied the report. Tortoise senior ...

BP said it would increase oil and gas investment 20 percent, to around $10 billion per year, helping output to potentially grow modestly by 2030. At the same time, ...

BP’s statement that it will reduce its carbon footprint in exploration and production by 35% to 40% by 2030 is consistent with its goal of cutting oil production by 40%, or 1.0 million barrels ...