Underlying RC profit for the quarter was $1.4 billion, compared with $1.2 billion for the previous quarter. Compared with the fourth quarter 2024, the underlying result reflects lower impact from ...

bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. The contract between North Oil Company (NOC), ...

Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving improved performance - to grow cash flow and returns - supporting a stronger ...

Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most ...

BP Europa SE today announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale. Its assets include the bp refinery in Gelsenkirchen and DHC Solvent ...

bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next stage of commissioning. GTA, ...

Creating strategic platform for growth, combining high-quality operating and development offshore wind assets, with total 13GW potential net generating capacity. Building on history of partnership and ...

Project features Indonesia’s first at-scale enhanced gas recovery through carbon capture, utilization, and storage (CCUS), aiming to sequester around 15 million tonnes of CO2 in its initial phase and ...

Heat, power and light. Thousands of jobs. Technology and innovation. The North Sea is providing the UK with more than oil and gas alone. It is an engine for progress, helping to spread energy and ...

HOUSTON – bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy.

bp agrees to take full ownership of its Brazilian biofuels joint venture, acquiring Bunge’s 50% interest. High-returning transaction will allow bp to realise synergies and continue to grow the ...

Simplified structure reduces duplication and reporting line complexity. William Lin to lead gas & low carbon energy business, following retirement of Anja-Isabel Dotzenrath. Emeka Emembolu to lead ...