On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

BP has appointed the former chief executive of U.S energy company Devon Energy, David Hager, as a nonexecutive director. Photo: arnd wiegmann/Reuters.

BP paid fixed signature bonuses of $1.6 million for Bumerangue and $1.4 million for Tupinamba. The company also applied for a licence with Ibama to drill one well in Tupinamba , with the proposed ...

The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in expanding output from the project, BP said on Tuesday.

BP advances development in Azerbaijan with $2.9B project for Shah Deniz gas field and gains access to new exploration blocks during Baku Energy Week.

BP and its partners have given the go-ahead for a $2.9 billion gas compression project on the huge Shah Deniz field offshore Azerbaijan. The decision was one of a batch of announcements the UK ...

Prior to joining bp, Hager served in different roles at Devon Energy. He was the company’s executive chair from 2021 to 2023, president and CEO from 2015 to 2021, and EVP of exploration and ...

Lessons from German history Editor: Most Americans probably never heard of Martin Niemöller. Niemöller was a Lutheran pastor who was a citizen of Germany before, during, and after World War II.

Azerbaijan and BP signed agreements on building a 240 megawatt solar power plant in Karabakh, an Azerbaijani region retaken in 2023 from breakaway ethnic Armenian authorities.

The White House sent a letter to trading partners to push for offers by the next day while the “reciprocal” tariffs are paused, press secretary Karoline Leavitt said on Tuesday. Leavitt… ...

Tariffs won’t benefit working Americans Editor: A recent letter graciously thanks readers for their consideration of contrary views, apparently unaware that some people choose to read only op… ...

BP believes that if it can lift its annual cashflow from $8 billion in 2024 to $14 billion by 2027, it can raise the value of the group, securing its status. DIY INVESTING PLATFORMS AJ Bell ...