BP Oil Refinery in Indiana Resumes Operations
WHITING, Ind. — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down.
March 19, 2024BP Names Murray Auchincloss Permanent CEO
LONDON — British oil giant BP said Jan. 17 its interim chief executive, Murray Auchincloss, will be given the job on a permanent basis to replace Bernard Looney.
BP Asks Regulators to Aid in Venture Global LNG Cargoes Feud
BP asked U.S. energy regulators to intervene in its fight with Venture Global LNG over liquefied natural gas cargoes, escalating a feud that’s roiled the market for the super-chilled fuel.
BP Profit Misses Estimates on Weak Gas Trading
BP Plc’s third-quarter profit rebounded from the prior period but fell short of estimates as weak results in gas marketing offset a strong performance in oil trading.
BP CEO Looney Quits Over Past Relationships With Colleagues
BP Plc CEO Bernard Looney has resigned over the failure to fully disclose past relationships with colleagues.
BP Profits Are Cut in Half to $2.6 Billion
LONDON — Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first quarter as oil and natural gas prices have fallen.
August 1, 2023Market Reacts Positively to BP's TA Acquisition
Industry analysts reacted favorably to the news that TravelCenters of America is being acquired by BP Products North America, noting that each company brings elements to the table that help the proposed combination align.
Oil Giant BP Acquires TravelCenters of America
TravelCenters of America is being acquired by BP Products North America in a $1.3 billion deal announced Feb. 16.
BP Exits Stake in Russian Oil, Gas Company Rosneft
BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.
BP Says Oil Demand Is Back Above 100 Million Barrels a Day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.