BP p.l.c. is executing a $20B divestment program, highlighted by the $10B Castrol sale to Stonepeak, to accelerate net debt reduction. The Castrol divestment aligns BP with activist demands for higher ...

Corteva (CTVA) and BP (BP) on Wednesday said they formed a 50:50 joint venture, Etlas, aimed at producing crop-based oils for use in biofuels such as sustainable aviation fuel and renewable diesel, ...

TechnipFMC has won a large contract for work on BP’s Tiber development in the US Gulf, the UK supermajor’s second project in the region to deploy technology that can handle 20,000 pounds per square ...

Evercore ISI downgraded BP (BP) to In Line from Outperform with an unchanged price target of $38. The firm cites the stock’s recent outperformance along with its elevated commodity leverage, macro ...

BP 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 left it the least profitable of the major oil ...

The deepwater drilling giant Transocean has secured new work for two drilling units in Brazil and Norway. The new work – comprising one new contract and one contract extension – has a combined value ...