WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs, as traders ...

BP chair Helge Lund is set to step down after six years overseeing the oil giant. The Norwegian, who also serves as chair of healthcare giant Novo Nordisk, has held the role since 2019 after chief ...

In the strategy reset at the end of February, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 ...

Oil companies like ExxonMobil and BP are some of the oldest and largest ... Companies that run pipelines or own oil tankers are often referred to as midstream since they bridge the gap between ...

Tsakos Energy Navigation has secured 15-year employment contracts with Petrobras Transporte S.A., the largest oil and gas ...

The shift comes as BP lags significantly behind its fellow oil and gas majors, thanks to a combination of corporate disasters, war, lackluster returns from its greener efforts, and some bad luck.

The decision aligns with BP’s recent strategy reset, which involves increasing investment in oil and gas while scaling back spending on renewables. The final investment decision (FID ...

Helge Lund is to step down as chairman of BP as the energy giant slashes green spending and pivots back to oil amid pressure from investors. The London-based company said Friday it had started a ...

BP’s (LSE: BP) share price has fallen 19% from its 12 April one-year traded high of £5.40. Much of its price movement has reflected the benchmark Brent oil price pattern. But more recently it has also ...

BP kick-started a search for a new chair after Helge Lund told the board he intends to leave the role “in due course”. The oil and gas business said it is likely to take until 2026 for a new hire to ...