The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.

BP is, for better or worse, one of the most recognizable of the so-called oil and gas supermajors, alongside corporations such as Shell and Exxon Mobil — due in part to the infamous Deepwater Horizon ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...

Takeover speculation regarding British oil and gas giant BP appears to have dried up, with shares of the company up more than 32% since early April. BP’s strategic reset and a leadership shake-up have ...

BP's new chief executive officer Meg O'Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor effective April 1, amid ...

The State Oil Company of the Azerbaijani Republic (SOCAR) and BP have signed a memorandum providing for the expansion of long-term cooperation in the energy sector, according to a statement from BP in ...

Over six decades, bp has invested more than $35 billion in Egypt, producing about 60% of the country’s natural gas ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In April 2010, a state-of-the-art ...

Castrol motor oil bottles on a retail shelf - Erman Gunes/Shutterstock BP is, for better or worse, one of the most recognizable of the so-called oil and gas supermajors, alongside corporations such as ...