Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green ...

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 energy ...

British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase oil ...

BP plc (BP Quick Quote BP - Free Report) , the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate ...

Oil major BP (BP) is set to report fourth-quarter earnings before the market opens on Tuesday, February 10. Wall Street expects EPS of $0.60, representing 36.4% year-over-year growth, on revenue of ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years. Image by Makhbubakhon Ismatova via iStock BP Plc’s “fundamental reset” on ...

BP plc (BP Quick Quote BP - Free Report) , the British energy giant, has announced that it will cut down its investments in renewable energy ventures while bringing its focus back to oil and gas. This ...

In the wake of blockbuster energy deals like ExxonMobil’s XOM acquisition of Pioneer Natural Resources and Chevron’s CVX pending merger with Hess, speculation around Europe’s largest oil company Shell ...

BP has named long-serving executive Carol Howle as deputy CEO, effective immediately, in a move that consolidates strategic oversight at a critical juncture for the company. Howle will retain ...