BP has agreed to sell control of its Castrol lubricants business in a US$6 billion transaction, marking a significant ...

Total pay for BP’s CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing ...

The chief executive officer of BP Plc, John Browne, failed to provide the leadership needed to keep the company’s American refineries safe, according to a report from a panel convened after a blast at ...

U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The Associated ...

A new unit called BP Alternative Energy will manage an investment programme in solar, wind, hydrogen and combined-cycle-gas-turbine (CCGT) power generation. An initial $1.8 billion will be invested ...

BP plc, BP the U.K.-headquartered energy major, has entered into a new global framework agreement with Australian engineering company Worley. The newly inked five-year deal is set to provide ...

BP will pay $2.75 million to settle another lawsuit accusing the company of emitting illegal amounts of lung-damaging soot at its Whiting refinery in northwest Indiana, just across the state border ...

Sun & Ski will provide technical support and field a team for the BP MS 150 charity bike ride from Houston to Austin this weekend. It marks the 20th year that Sun & Ski has provided assistance. The ...