BP CEO Murray Auchincloss is stepping down a little over two years into the job, with Meg O'Neill, head of Australian multinational energy giant Woodside Energy, tapped as his replacement, the oil ...

Oil companies Occidental Petroleum (OXY) and BP (BP) are both suffering today. BP stock is down about 4%, while OXY is down over 5%. One common thread seems to link these two to their mutual losses, ...

BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The ...

Those words are ancient history. At a shareholder meeting last month, BP’s new CEO, Murray Achincloss, sang a starkly different tune, promising to expand oil and gas investment by 20% and increase ...

BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves into ...

BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells ...

Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from ...

British oil giant BP announced Wednesday that it has reached an agreement to sell its 65% stake in Castrol to US-based ...

CHONGQING, CHINA - JULY 31: In this photo illustration, a smartphone displays the logo of BP plc (NYSE: BP), a British multinational oil and gas company, in front of a screen showing the company's ...

Though you wouldn’t know it from the words chosen by angry American politicians—who can’t stop talking about the company’s Englishness—BP’s name doesn’t actually stand for British Petroleum anymore.

BP (NYSE:BP) wants to reinvent itself as a renewable energy company. But it’s still valued as an oil and gas outfit. That means it’s not highly valued at all. Source: FotograFFF / Shutterstock.com BP ...