BP Plc is abandoning plans to proceed with its big Teesside hydrogen plant in England’s northeast, after the project clashed with a proposal for a large data center on the same site.

Blackstone Inc. is once again weighing the sale of a Canary Wharf office building amid improving sentiment for the East ...

London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder ...

BP Plc’s profit exceeded expectations with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...

BP Plc plans to sell its onshore wind business in the US as it focuses on its solar arm Lightsource BP. The company is set launch a sale process for BP Wind Energy shortly, according to an emailed ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has fallen ...

BP Plc eliminará 4.700 puestos internos, alrededor del 5% de su fuerza laboral, y más de 3.000 empleos de contratistas, comunicó el director ejecutivo, Murray Auchincloss, al personal el jueves, como ...

BP Plc’s planned reduction in oil and gas output is wrong for shareholders and the company should abandon the target, according to activist investor Bluebell Capital Partners. Demand for oil is still ...

When engineers prepare to drill for oil, they know the spot deep underground where the well must end and can choose their starting point, but there are many possible routes in between. Optimizing that ...

BP Plc expects to report a strong performance from its trading business for the first quarter, with a notable improvement in results from buying and selling oil. The boost in trading came alongside ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had engagement ...

BP Plc is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors who have paid billions for exploration rights and have little to show for it. The ...