BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away ...

I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

BP Plc’s Greater Tortue Ahmeyim project is set to export its first liquefied natural gas cargo from offshore fields in ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, signaling a return to the ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...