bp is a top oil producer in the Gulf of Mexico, with five operated platforms – Atlantis, Argos, Mad Dog, Na Kika and Thunder Horse. And bp is carefully planning to grow through the next decade, ...

Two platforms, with a combined eight of more than 7500 tonnes, were built in Angola and Italy ...

Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil ...

BP Plc restarted one of two production platforms in Azerbaijan’s largest natural gas deposit of Shah Deniz that’s been out of operation for more than a week due to an unplanned outage.

British oil major BP is cutting 5 percent of its workforce. The job reductions are part of a cost-cutting plan that began in October 2024. The job cuts align with a renewed emphasis on bolstering ...

Elliott Investment Management, known for its aggressive tactics, is expected to push for significant changes at BP, potentially including a strategic refocus on oil and a reduction in green energy ...

one analyst suggested it could push to split parts of BP's core oil and gas business and seek a change in management. "In terms of strategic business reviews, we would expect a push to effectively ...

BP Plc CEO Murray Auchincloss insisted that the ... it emerged Elliot Investment has built a stake in the London-based oil major, a move that may increase pressure to restructure.

BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil giant. Shares jumped by more than 6pc on Monday morning, following reports over the weekend ...

BAGHDAD (Reuters) -Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters ...

Investors who have called for the energy giant to tear up its green strategy are hoping that BP will go back to oil and gas when it reveals the plans in a fortnight. Analysts expect BP to cut ...

It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for the oil major to go net zero by 2050. Under that strategy, BP would ...