Norway’s Equinor says it has closed its previously disclosed agreement with BP to sell 50 percent stakes in its Empire Wind and Beacon Wind projects, located offshore Massachusetts and New...

BP ($BP) cuts in oil exploration could hurt struggling offshore exploration companies like Transocean ($RIG). UK oil major BP has drastically scaled back the team that looks for more oil...

By Ron Bousso LONDON, Jan 15 (Reuters) – France’s Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas lobby due...

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale electrolyzer to make hydrogen as a green...

By Laura Sanicola Oct 16 (Reuters) – The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn’t...

British petroleum giant BP is making its first move into the growing offshore wind market by partnering up Norway’s Equinor to develop offshore wind farms in the United States. Under...

By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to store crude oil off Malaysia at this year’s lowest rate...

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the...

By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief...

By Jessica Resnick-Ault and Yareth Rosen NEW YORK/ANCHORAGE, Alaska, April 1 (Reuters) – Several workers on a BP Plc oil platform in the U.S. Gulf of Mexico have tested positive for coronavirus, the...

By Peter Millard and Kelly Gilblom (Bloomberg) –It was supposed to be BP Plc’s big Brazilian breakthrough after years of setbacks in one of the world’s top destinations for offshore...

LONDON, July 30 (Reuters) – BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of...

BP says it will begin selling a new type of low sulphur bunker fuel that meets new MARPOL regulations limiting the sulphur content of marine fuels to 0.5%. BP announced...

By Ron Bousso LONDON, Jan 18 (Reuters) – Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking...

By Ron Bousso LONDON, Jan 8 (Reuters) – BP said it has discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil...

By Kelly Gilblom (Bloomberg) — BP Plc has seen first oil from its giant Clair Ridge development in the North Sea, helping arrest decades of decline in a region where drillers have...

BEIJING, Aug 15 (Reuters) – Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker ‘Olympic Light’ to an independent Chinese refiner after holding the...

By Kelly Gilblom (Bloomberg) — After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to...

By Devika Krishna Kumar NEW ORLEANS, March 13 (Reuters) – Oil major BP Plc expects more than 90 percent of the world’s shipping fleet will comply with new regulations slashing sulfur...

By Kelly Gilblom (Bloomberg) — BP Plc dodged the disappointment that afflicted other oil-company earnings as it did a better job of exploiting the upswing in crude prices. Oil and gas output...