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BP
Business, Fuel

BP CEO Looney Quits Over Past Relationships With Colleagues

Bernard Looney

BP Plc CEO Bernard Looney has resigned over the failure to fully disclose past relationships with colleagues.

Laura Hurst | Bloomberg News
September 12, 2023
Business, Fuel

BP Profits Are Cut in Half to $2.6 Billion

BP sign

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.

Associated Press
August 1, 2023
Business, Fuel

Market Reacts Positively to BP's TA Acquisition

TA and BP

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.

Connor D. Wolf | Staff Reporter
February 23, 2023
Business, Fuel, Breaking News

Oil Giant BP Acquires TravelCenters of America

Image of TravelCenters of America

TravelCenters of America is being acquired by BP Products North America in a $1.3 billion deal announced Feb. 16.

Connor D. Wolf | Staff Reporter
February 16, 2023
Government, Business, Technology, Safety, Fuel

BP Exits Stake in Russian Oil, Gas Company Rosneft

Image

BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.

Dee-Ann Durbin | Associated Press
February 28, 2022
Business, Fuel

BP Says Oil Demand Is Back Above 100 Million Barrels a Day

Image

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.

Javier Blas and Laura Hurst | Bloomberg News
November 2, 2021
Business, Technology, Fuel

Clean Energy Fuels, BP Create JV for RNG Fuel Production

Image

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.

Roger Gilroy | Senior Reporter
March 11, 2021
Business, Fuel

BP Swaps High Returns for a Cleaner Future With Unproven Profits

Image

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.

Laura Hurst | Bloomberg News
February 8, 2021
Business, Fuel

BP to Cut 10,000 Jobs Worldwide Amid Pandemic

Image

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.

Danica Kirka | Associated Press
June 8, 2020
Business, Fuel

BP Quits Three Oil Lobby Groups on Differing Climate Policy

Image

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.

James Herron and Laura Hurst | Bloomberg News
February 26, 2020

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