BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition ...

BP plans to take full ownership of its Brazilian biofuels joint venture (JV) but is scaling back plans to develop new sustainable aviation fuel (SAF) and renewable diesel production projects in ...

In an attempt to attract new investors, BP has implemented a company-wide freeze on hiring and has paused new offshore wind power projects.

BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

BP plc BP, the UK-based energy major, has confirmed that gas production at its Greater Tortue Ahmeyim (“GTA”) Phase 1 liquefied natural gas (LNG) project off the coasts of Mauritania and ...

The announcement by BP raised fears of further disruption to shipments through the Suez Canal, a major conduit for both crude and refined oil products.

Gimi FLNG ramps up LNG output to 2.4 mtpa, equivalent to 90% of the unit's nameplate capacity, at the BP-operated GTA project.

It's not uncommon for automakers to temporarily pause production, especially when it relates to specialty vehicles like the Corvette. However, these pauses come at a time when there's some ...

Cypre gas project successfully launched by BP TT, contributing to 250,000 boed net production and aligning with their upstream growth strategy.

The cost of the project was estimated to be A$580 million. BP mentioned that even though it has decided to put a pause on this project, biofuels shall remain an important part of its strategy.