bp has reached an agreement to sell a 65% shareholding in Castrol at an enterprise value of $10 billion. Total net proceeds to bp of c.$6 billion, including accelerated dividend payments, will be ...

No single factor caused the Macondo well tragedy. Rather, a sequence of failures involving a number of different parties led to the explosion and fire which killed 11 people and caused widespread ...

Five aims to get BP to net zero: 1. Net zero across BP’s operations on an absolute basis by 2050 or sooner. 3. 50% cut in the carbon intensity of products BP sells by 2050 or sooner. 4. Install ...

The new custodian of the Statistical Review of World Energy is to be the Energy Institute (EI), the chartered professional membership body for people who work in energy, it was announced today, as ...

Exclusive sponsorship and technical partnership sees bp become the first official partner of the future Audi factory team in F1. bp to develop FIA-specified Advanced Sustainable fuel for Audi’s entry ...

BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business. The investment ...

bp continuing to invest in the UK, with new investment of up to £50 million for new electric vehicle battery testing centre and analytical laboratory in Pangbourne. Aims to advance development of ...

The data collected in this year’s edition includes energy data for 2020 – one of the most turbulent years the world has ever seen. This year’s Review captures the dramatic impact the global pandemic ...

With potential start-up by 2026, project aims to store up to 15 million metric tons of CO 2 per year in multiple sites – the equivalent of removing approximately 3 million cars from the road Engaging ...

bp today announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic ...

bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy – bp’s US onshore oil and gas business. bpx ...

bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost ...