British multinational oil and gas company
BSF conducts Flag Meeting with Pak Rangers to handover body of Pakistan national
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Oil price crash! Is now the time to dump BP and Shell for good?The oil price is sliding again, and BP (LSE: BP) and Royal Dutch Shell (LSE: RDSB) are watching their share prices slide with it. Until recently, these two companies were the two most profitable stocks..
U.S. and European Oil Giants Go Different Ways on Climate ChangeWhile BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.
Australian fired for Hitler memes wins $143,000 compensationAn employee of BP Plc's Australian refinery who was fired last year for mocking management online using a well-known meme of Adolf Hitler has been awarded more than A$200,000 ($143,100) in..
Downfall: BP worker sacked after Hitler meme wins payoutScott Tracey used the scene from Downfall to portray scenes from company wage negotiations.
BP to cut oil and gas production by 40% as it sets out road to net zeroBP is to cut the amount of oil and gas it produces by 40% by the end of the decade, the energy giant announced on Tuesday as it fleshed out plans to become a “net zero” company by 2050. Boss..
Greenpeace UK fined £80,000 and found guilty of contempt of court after BP oil rig protestScotland's top civil court finds organisation exhibited 'wilful defiance' of ban on occupying platform
BP sells petrochemicals arm to Ineos for US$5bOil and gas company BP has sold its global petrochemicals business to Ineos for US$5 billion, part of its plan to shift activities to renewable sources of energy. The company said in a statement Monday..
BP takes $13bn hit as shift to clean energy acceleratesBP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the coronavirus pandemic hurts long-term oil demand and accelerates the shift..
BP to cut 10,000 jobs in renewable energy shiftBP will cut about 15% of its workforce in response to the coronavirus crisis and as part of chief executive Bernard Looney's plan to shift the oil and gas major to renewable energy, the company has..
Exclusive: BP to cut 15% of workforce - sourcesBP plans to cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, company sources..
BP profits dive 66% as coronavirus hits oil demandThe oil giant's income falls as global demand slumps due to the pandemic.
Another day, another 20% plunge in WTI oilAnother big fall in oil prices dragged hordes of petrocurrencies under on Tuesday but even an HSBC warning of mounting bad credit and a near 80% plunge in BP's profits could not keep stock markets down..
Remember the 1980s glut: Ex-BP boss Browne warns oil will stay lowThe oil price will stay low for some time as supply exceeds demand and the current situation on global oil markets is reminiscent of the 1980s oil glut, former BP boss John Browne said on Tuesday.
10 years after BP spill, companies drill deeperTen years ago, an oil rig explosion killed 11 workers and unleashed an environmental nightmare in the Gulf of Mexico. Now, companies are drilling in even deeper waters where the payoffs can be huge but..
Gulf Coast transformed 10 years after BP spillThe Deepwater Horizon disaster has reshaped the Gulf Coast with a flood of post-spill spending across five states. (April 16)
Coventry petrol station murder: Pavandeep Daudher named as victimPavandeep Daudher was fatally wounded at a BP garage in Coventry on Tuesday night.
MPs' pension fund still investing in oil companies despite climate emergencyShares in Shell and BP still part of scheme
BP Pledges to Cut Emissions to Zero but Offers Few DetailsIt is the first oil giant to make a zero-emissions climate pledge that covers the burning of fuel it extracts.
BP boss Looney sets out to 'reinvent' oil giant with zero carbon goalBP set one of the oil sector's most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp in its 111-year history.
Energy giant BP sets net zero emissions targetThe oil giant's new chief executive Bernard Looney said BP must be "cleaner".
BP sets deeper 2050 carbon target in CEO reinventionLONDON — BP pledged to sharply reduce its carbon emissions by 2050 as part of a reinvention of the 111-year old company by newly-appointed chief executive Bernard Looney. BP on Wednesday set more..
Would you follow this man on Instagram?BP's Bernard Looney is the latest chief executive to join the platform but do bosses know what it's for?
Climate protests shut BP's London headquarters on CEO's first dayClimate protesters forced BP to temporarily shut down its London headquarters on Wednesday, the first day in office for the oil and gas company's new CEO Bernard Looney.
Police arrest nine people after protest at BP's London HQBritish police arrested nine people after climate change protesters temporarily shut down BP headquarters in London on Chief Executive Bernard Looney's first day in office.
Ethereum Event Attracts Global Energy Giant Sponsor, ETH Prices Up 7%Advertisment A large Ethereum gathering in the US next month is attracting some big named sponsors as BP adds its name to the list. ETH prices have remained bullish cracking $180 for the first time in..
Exclusive: BP's Looney goes all-in on climate goals and explores overhaulChange is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company's climate targets and is considering overhauling the structure of the oil and gas major in one of the biggest..
Oil rises seven-month high, Wall Street stocks fallLONDON: Meanwhile, world oil prices jumped on Friday after the US killed the Iranian general. Brent oil surged 4.5 per cent in the London morning and WTI jumped 4.1 per cent as traders fretted over the..
U.S. Supreme Court leans toward BP unit in Montana Superfund caseU.S. Supreme Court justices on Tuesday appeared inclined to shield a unit of British oil major BP Plc from claims seeking a more extensive cleanup of a Superfund hazardous waste site in Montana than..
BP cries foul in massive oil spill settlementIs BP backpedaling on a settlement with oil spill victims, or are some Gulf Coast businesses exploiting BP?
2010: Blowout: The Deepwater Horizon DisasterA survivor recalls his harrowing escape; plus, a former BP insider warns of another potential disaster
The lawyer who made BP payMike Moore explains how he got a $20 billion settlement to help pay for the Gulf oil spill. Now he wants to do the same with opioid manufacturers.
Despite Their Promises, Giant Energy Companies Burn Away Vast Amounts of Natural GasExxon, Marathon, BP and others are flaring natural gas, a wasteful practice with consequences in the fight against climate change, at a record pace.
BP appoints Bernard Looney as CEO: what will he do differently?A change at the top is a moment for reappraisal. Bob Dudley, BP’s CEO, rehabilitated the oil major after the fatal Deepwater Horizon rig explosion and spill in the US in 2010. His replacement,..
Dudley's decade at the helm of BP almost didn't happenBP Chief Executive Bob Dudley's decade at the helm of one of the world's biggest oil companies almost didn't happen.
BP to make Bernard Looney CEO as climate challenge loomsBernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising tide of environmentalism and the..
BP Announces Dudley Retirement Date and SuccessorBob Dudley has decided to step down as group chief executive and member of the board on February 4, 2020 and will retire on March 31, 2020. ......
Factbox: Dudley departure forms part of change of guard at UK PlcBP on Friday appointed its head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year, the latest in a series of changes in senior management at some of..
Factbox: Bernard Looney, BP's next CEOBernard Looney, boss of oil and gas production at BP , will take over from Bob Dudley as chief executive next year.
BP names Bernard Looney as next CEO, Dudley to leave in 2020BP on Friday appointed head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year after leading the oil and gas company back to growth from near collapse in..
BP names new boss as Bob Dudley steps downThe oil giant says insider Bernard Looney will take over as chief executive on 5 February.
Over a Barrel, Saving the Children, Quarterback GuruIs BP backpedaling on a settlement with oil spill victims, or are some Gulf Coast businesses exploiting BP; and, Morley Safer interviews the "QB Guru" who says the new norm to get to the NFL as a..
Worker dies after fall at BP Whiting, Indiana refinery: sourceA contract worker died after falling from a scaffold at BP Plc's 430,000 barrel-per-day (bpd) Whiting, Indiana, refinery on Wednesday, a source familiar with the accident said.
Royal Shakespeare Company ends BP partnership after student protestThe theatre company says it "cannot ignore" the "strength of feeling" against its sponsorship deal.
House approves bill to bar oil drilling off U.S. coastsLawmakers said the bills would protect U.S. coasts from drilling that can pollute crucial waters — and lead to disasters such as the 2010 BP spill in the Gulf of Mexico
BP evacuates non-essential staff from four Gulf of Mexico oil platformsBP on Friday evacuated non-essential staff from its four operated offshore oil production platforms in the U.S. Gulf of Mexico, joining several other firms taking similar steps.
BP to sell entire Alaska business to Texas oil magnate for $5.6Bln ...WASHINGTON (Sputnik) - BP announced in a press release that it has reached an agreement to sell its entire business in Alaska to US-based producer Hilcorp for more than $5 billion. ......
BP to quit Alaska after 60 years with $5.6 billion sale to HilcorpBritish oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years.
Oil giant BP to pull out of Alaska as sells business for $5bnThe energy giant agrees to sell its Alaskan business to private oil and gas operator Hilcorp.