It was April 2010, and the Deepwater Horizon disaster was about to become the largest-ever marine oil spill in the US and the most monumental crisis in BP’s 100-year history, costing $65 billion.

Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to drive the growth he promised and turn around BP’s fortunes?

JERA Nex BP will enter the market with a world-class leadership team' said William Lin, executive vice president for gas and ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

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BP has been facing history of challenges over the last 15 years, including the Deepwater Horizon catastrophe and the abrupt firing of former CEO Bernard Looney due to personal misconduct ...

BP states on its website that it takes pride in its long-standing history in Egypt, adding that it has “operated successfully in Egypt for almost 60 years” and invested “more than $35 ...

(Bloomberg) -- Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming ...

LONDON—BP BP-0.06%decrease; red down pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive ...

Over the twelve months to December 2024, BP recorded an accrual ratio of -0.12. Therefore, its statutory earnings were quite a lot less than its free cashflow. In fact, it had free cash flow of US ...

By Stanley Reed Reporting from London Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while ...

BP's annual profit drops to $8.9 bln Elliott's stake raises pressure for board and strategy changes Q4 profit fell 61%, weakest since 2020 Lower refining margins hit Q4; weak margins expected ...