BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher.

The company's sales and other operating revenue for the quarter ended 31 March rose by 11.5% to $52.3bn (£38.73bn).

BP may exit part or all of its operations in the UK North Sea as the energy giant works to restructure its assets and debts, ...

BP earned $3.2 billion in the first quarter, the energy giant reported Tuesday — an exponential increase in its profits that ...

BP’s new chairman backed the company’s strategic direction but said the business must act with urgency, and signalled further asset sales as it attempts to shore up its balance sheet while boosting ...

BP will reorganize into two main business ​units - upstream and ​downstream - under new CEO ​Meg O'Neill, who took the helm on April 1.

BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its ...

BP will sell its U.S. onshore wind business to New York-based LS Power, as the Big Oil giant continues to divest from much of its renewable energy assets amid financial challenges. The anticipated ...

Meg O’Neill to return to upstream and downstream divisions after shift away from low carbon push ...

By Stephanie Kelly and Shadia Nasralla LONDON, April 28 (Reuters) - BP's first-quarter profit more than doubled year-on-year ...

BP (NYSE:BP) has agreed to sell its U.S. onshore wind unit, BP Wind Energy North America, to LS Power as the company continues to focus on its low carbon energy portfolio. Following the deal’s ...

BP p.l.c. (NYSE:BP) disclosed on Thursday that it plans to sell its mobility and convenience business in Austria for an undisclosed amount. The sale includes more than 260 BP retail sites across ...