BP
Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp.
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
A train passes a BP Plc petrol station in London. (Chris J. Ratcliffe/Bloomberg News)
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
A Uniper energy company coal-fired power plant and a BP refinery beside a wind generator in Gelsenkirchen, Germany. (Martin Meissner/Associated Press)
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
Matthew Lloyd/Bloomberg News
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, 2020BP’s New CEO Needs to Steer Company Through World Wary of Oil
BP’s newly appointed CEO Bernard Looney (Jason Alden/Bloomberg News)
In a world that’s increasingly wary of fossil fuels, BP’s newly appointed CEO Bernard Looney will have to prove the company can keep up with the times.
October 4, 2019BP Exits Alaska After 60 Years in $5.6 Billion Hilcorp Sale
Daniel Acker/Bloomberg News
BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines.
August 27, 2019Oil Trades Near Two-Week High on Tighter Supply, Mideast Risks
Andrey Rudakov/Bloomberg News
Oil traded near a two-week high in New York amid signs of a further drop in U.S. stockpiles and ongoing concerns that political friction in the Persian Gulf could disrupt exports.
July 31, 2019BP Bucks Trend of Big Oil Earnings Misses as Output Rises
Luke Sharrett/Bloomberg News
BP bucked the trend of disappointing oil and gas earnings, beating expectations and increasing its cash flow as higher production offset the effect of lower energy prices.
July 30, 2019BP, Shell Both Claim to Be No. 1 in Investor Returns
Andrey Rudakov/Bloomberg News
Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric — taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.
March 29, 2019