BP Surprises Market with $1.6 Billion Q2 Profit Amidst Energy Sector Volatility
BP plc announces a remarkable Q2 profit of $1.6 billion for 2025, reversing last year's loss, with strategic projects and discoveries paving the way for future growth.
BP News
BP Strikes Gold: Unveils Largest Oil and Gas Discovery in 25 Years Off Brazil's Coast
BP PLC announces its largest oil and gas discovery in 25 years off the coast of Brazil, located in the Santos Basin. This find supports BP's strategy to increase global upstream pr...
BP Welcomes Albert Manifold as New Chairman, Signaling a New Era for the Energy Giant
BP plc appoints Albert Manifold as new chairman, replacing Helge Lund. Manifold, former CEO of CRH Plc, joins the board in September, aiming to lead BP in meeting global energy dem...
BP and ONGC Forge Strategic Partnership to Unlock India's Untapped Hydrocarbon Basins
BP and ONGC have signed an MoU to explore four untapped basins in India, utilizing BP's technology for stratigraphic drilling. The government supports this initiative, aiming to un...
BP Strikes Deal with Catom: Sells Dutch Retail and EV Charging Business to Focus on Core Operations
BP plc sells its Dutch retail and EV charging operations to Catom, including 300 fuel stations and 15 EV charging hubs, as part of a $20 billion divestment plan to focus on core op...
BP Faces a Tough Quarter: Profits Dive 69% Amid Market Challenges
BP plc reports a 69% drop in Q1 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highlights...
BP Faces a Steep 69% Drop in Q1 Profits Amid Market Challenges
BP plc reports a 69% drop in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highl...
BP's First Quarter Profits Take a Dramatic 69% Dive to $687 Million Amid Market Challenges
BP plc reports a 69% plunge in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas trading. Despite challenges, the company increases dividends and highl...
BP Faces Sharp 74% Drop in Q1 Profits, Earnings Plummet to $687 Million
BP reports a shocking 74% plunge in Q1 profits, with earnings dropping to $687 million. Analysts are investigating the causes, including oil price volatility and operational issues...
BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor
BP plc has begun searching for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder va...
BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins
BP plc has begun the search for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic growth and shareholder v...
BP Chairman Helge Lund Announces Planned Departure in 2026, Succession Process Begins
BP plc announces the start of a search for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic goals and sha...
BP Chairman Helge Lund Announces 2026 Departure, Board Begins Search for Successor
BP plc announces Chairman Helge Lund's plan to step down in 2026, with the Board starting the search for a successor to ensure a smooth transition and continued focus on strategy a...
BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins
BP plc has begun the search for a new chairman as Helge Lund plans to step down in 2026. The transition aims to be smooth, with the new candidate working alongside Lund before taki...
BP Chairman Helge Lund Announces Planned Departure in 2026, Succession Process Begins
BP plc has announced the start of a search for a new chairman as Helge Lund plans to step down by 2026, aiming for a smooth transition and continued focus on strategy and sharehold...
BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins
BP plc has started the search for a new chairman as Helge Lund plans to step down by 2026, ensuring a smooth transition to continue the company's strategic goals and increase share...
BP Stock Soars 7% Amid Rumors of Strategic Stake Sale to Elliott
BP plc's stock surged 7% following rumors of a stake sale to Elliott Investment Management, hinting at dramatic changes. Amidst speculation, BP's recent announcement of global work...
BP Announces Major Workforce Reduction: 4,700 Jobs and 3,000 Contractor Positions to Be Cut
BP plc is set to reduce its global workforce by 4,700 employees and cut 3,000 contractor positions as part of its cost-cutting strategy. The company anticipates a drop in fourth-qu...
BP Anticipates Significant Impact on Q4 Earnings Due to Declining Refining Margins
BP predicts a significant impact on its Q4 earnings due to weaker refining margins, with expected profit reductions and production declines across key segments. The company remains...
BP Joins Forces with ONGC to Revolutionize Mumbai High's Oil and Gas Production
BP partners with ONGC to boost Mumbai High's oil and gas production by up to 60%, marking a significant development in India's upstream sector and showcasing the impact of recent r...
BP and JERA Join Forces for $5.8B Offshore Wind Energy Venture
BP plc and JERA form a joint venture, JERA Nex bp, focusing on offshore wind energy production with a potential 13GW capacity. The venture, expected to be completed by 2025, will i...
BP and JERA Join Forces to Invest $5.8B in Offshore Wind Energy
BP plc and JERA form a joint venture, JERA Nex bp, to focus on offshore wind energy production with a potential net generating capacity of 13GW. The companies plan to invest up to ...
