BP has hired Meg O’Neill as its new chief executive in a surprise change at the top marking the first time a woman has been appointed at the helm of one of the world’s top five oil firms. The FTSE 100 ...

BP (BP) +1.8% in Wednesday's trading after saying it expects weaker oil trading and falling prices will weigh on Q4 earnings, and that it plans to book $4B-$5B in Q4 impairments, mainly tied to its ...

BP BP0.25%increase; green up pointing triangle said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that ...

LONDON, Jan 12 (Reuters) - BP (BP.L), opens new tab is maintaining its strategy and focus on cost cuts, its interim CEO Carol Howle told an internal town hall meeting on Monday, according to two ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP expects to book up to $5 billion in impairments for the fourth quarter, ...

BP flagged a write-down of up to $5 billion in its gas and low-carbon energy segment and warned its oil-trading performance would be weak, as the latest energy major to forecast an earnings hit to cap ...

BP is parting ways with the chief executive who led its early drive for increased profits from oil and gas, after investor pressure for more progress. It was announced after markets had closed in the ...

Activist group Follow This on Wednesday announced plans to take on Big Oil at the forthcoming proxy season. The Amsterdam-based group paused filing shareholder resolutions last year due to a lack of ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In April 2010, a state-of-the-art ...

BP says it expects to take a hit of as much as $5 billion from its push into renewable energy as it accelerates its pivot back into fossil fuels.