BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a ...

Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...

Minister of Petroleum and Natural Gas, Hardeep Singh Puri today launched the International Fuel for India (IFFI) campaign of ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...