BP has turned to an industry outsider to lead its next phase, appointing Woodside Energy chief executive Meg O’Neill to steer the British oil major through a renewed push to boost profitability and ...

The oil giant announced Wednesday that it had sold a 10% share in its Shafag Solar?project? in 'Azerbaijan? to MVM Energetika Zrt of Hungary.

BP has pledged to “do better” after cancelling a $750m (£549m) shareholder payout as it scrambles to cut debts.

BP's decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial footing.

The hefty fall in the share price at the London Stock Exchange Group has made it a sitting duck for activist investors such ...

US firm held talks with LSEG to push performance at time of reduced listings and AI concerns ...

The London Stock Exchange is being targeted by a fearsome Wall Street activist investor as it battles declining listings and ...

British oil giant BP announced Tuesday a sharp 86% drop in annual net profit and a surprise decision to suspend the entire share buyback program to save cash and trim debts. The financial setback ...

Providing an update on its Brazilian Bumerangue discovery, which it has hailed as its biggest in 25 ​years, BP said it estimates the field to hold 8 billion barrels of liquids in place, split equally ...

BP has put share buybacks on hold and upped its cost savings target to halt a slide in profits because of steep falls in the price of crude. The FTSE 100 oil giant reported a 16 per cent drop in ...

Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next ...

Australian futures are pointing to a higher open; CSL, ASX drop their CEOS; Dow resets record high; CBA, AGL to report. Follow live.