It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past.

The curious calm that has settled over global markets belies the fact that global politics are in a state of chaos. First there is America's U-turn on its Ukraine policy, followed by the threat of a ...

It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past ...

Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and ...

Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...

BP investors demand vote on any plans to scrap climate goals - The oil giant is expected to go back on a promise to reach net ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...