BP is to cut nearly 8,000 jobs as tough net zero rules pile pressure on oil and gas companies ...

In the five quarters Auchincloss has presided over since becoming interim chief executive in September 2023, BP has missed consensus expectations for its net debt four times, for revenue and operating ...

The plan includes a record amount of spending, but it depends largely on funds related to the 2010 BP Deepwater Horizon oil ...

The pipeline was "likely leaking for an extended period of time," according to an accident report. Federal officials make ...

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

Biden invoked the 2010 BP oil spill, but his ban doesn’t include the area of the Gulf where the spill occurred.

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...

Florida Democrats are hailing President Joe Biden’s announcement on Monday that he will permanently ban future offshore oil ...

The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) ...

The Internal Revenue Service has priority over a $1 million payout received by a Florida staffing company from the Deepwater Horizon oil spill settlement, outstripping the bankruptcy claim of an ...

President Joe Biden issued a ban on offshore oil drilling in federal waters, including the Gulf of Mexico. But ...