Downstream, it’s a tighter ship. BP’s refining and retail arm will zero in on “advantaged” markets, with a $3 billion investment cap by 2027 and a strategic review of Castrol on the table ...

It’s been almost 25 years since BP Plc. attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally ...

BP on Tuesday said it expects weak margins in its refining business will have hit its second quarter profits by up to $700 ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

BP plans to reset its strategy to shift back to oil and gas and away from wind, solar and other renewables. The London-based energy giant, which counts the BP Whiting Refinery as the largest in ...

LONDON: BP Plc has hiked its dividend and accelerated share buybacks to the fastest pace yet after an “exceptional” in oil refining and trading lifted profits above even the highest expectations.

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

LONDON: BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. The British group's oil trading result is also ...