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.
September 12, 2023BP 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.
February 23, 2023Oil 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.
February 16, 2023BP 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.
February 28, 2022BP 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.
November 2, 2021Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.
March 11, 2021BP Swaps High Returns for a Cleaner Future With Unproven Profits
One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.
February 8, 2021BP to Cut 10,000 Jobs Worldwide Amid Pandemic
LONDON — Energy producer BP announced June 8 that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.
June 8, 2020BP Quits Three Oil Lobby Groups on Differing Climate Policy
BP Plc will leave three U.S. oil-industry lobby groups due to differences on climate policy, after the company’s new chief pledged to eliminate its greenhouse gas emissions by 2050.
February 26, 2020