BP p.l.c. is divesting 65% of its Castrol brand to Stonepeak for $6 billion, accelerating its $20 billion divestment plan. BP will use the $6 billion proceeds to reduce net debt, targeting a $14B–$18B ...
UK supermajor BP has agreed to sell a 65% stake in its Castrol subsidiary to global investment firm Stonepeak, in a deal giving the lubricants player an enterprise value of $10.1 billion. BP confirmed ...
BP on Thursday made an abrupt shift in leadership, as CEO Murray Auchinloss is stepping down immediately after less than two years on the job. Auchinloss had struggled to win investor backing for his ...
bp pulse is continuing to roll out public DC fast charging across the US, and the company has opened its first-ever site in Arizona, along with new fast-charging locations in Texas, Florida, and Ohio.
BP walked away from plans for a hydrogen hub in northern England, paving the way for a rival project to build a data center at a former steelworks site. The U.K. energy group pulled its application ...
BP Plc’s profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...
A Thursday evening fire at the BP Whiting refinery caused internal sirens and flares to go off, a social media post from the company announced Friday morning. “The BP Whiting refinery responded to an ...
LONDON, Sept 22 (Reuters) - BP (BP.L), opens new tab has stopped work on its Rotterdam biofuels plant, a company spokesperson said on Monday, marking the latest in a string of abandoned biofuels ...
CHONGQING, CHINA - JULY 31: In this photo illustration, a smartphone displays the logo of BP plc (NYSE: BP), a British multinational oil and gas company, in front of a screen showing the company's ...
Intervention resulted in a 17 percent absolute improvement in closing BP gaps, increased MA Star performance. (HealthDay News) — Use of voice-based artificial intelligence (AI) enables collection and ...
Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil ...
BP employs about 4,000 people in the Houston area, more than any other location in its global footprint. While the company hasn't said exactly how many local jobs will be impacted, concerns are ...