BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance, the struggling ...
Wind, solar, and EV investments are slowing as subsidies fade, revealing profitability challenges that proponents long argued didn't exist.
The acquisition will increase Clearlight Energy’s operating fleet to about 4,300 MW The bp Assets span Indiana, Kansas, South Dakota, Colorado, Pennsylvania, Hawaii and Idaho The transaction is ...
BP named the American former Exxon Mobil XOM 0.59% executive as its new boss in an unexpected management shake-up Wednesday. She is set to take the helm of a storied yet often troubled energy producer ...
BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1. BP’s financial performance has deteriorated, with first-quarter 2025 profits nearly halved to $1.4 billion from ...
One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol lubricants business, people familiar with the matter said, illustrating the ...
BP’s new chairman backed the company’s strategic direction but said the business must act with urgency, and signalled further asset sales as it attempts to shore up its balance sheet while boosting ...