The Business Times

BP

Opinion & Features

Drill, baby, drill: Has Big Oil learnt anything from Deepwater Horizon?

FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
Energy & Commodities

BP to sell onshore wind business in US

BP has been under intense pressure after years of poor performance and the intervention of activist shareholder Elliott Investment Management.
Energy & Commodities

Shell says it has no intention of making an offer for BP

Shell is evaluating a potential acquisition of BP, but is taking a cautious wait-and-see strategy.
Opinion & Features

Where are Shell’s animal spirits for a BP deal? 

BP has been battling prolonged underperformance stemming in large part from a net-zero strategy embraced by its former chief executive officer Bernard Looney.
Energy & Commodities

Shell is studying merits of BP deal as rival’s stock slumps

BP bought back US$750 million in shares, at the low end of its guided range, and announced plans to purchase a further US$750 million worth this quarter.
Companies & Markets

BP reports lower-than-expected profit of US$1.4b

FILE PHOTO: FILE PHOTO: BP Chairman Helge Lund speaks during an interview with Reuters at BP's headquarters in London, Britain, June 25, 2019. REUTERS/Dylan Martinez/File Photo/File Photo
Companies & Markets

BP chair Helge Lund to step down amid Elliott campaign

As part of a major corporate revamp, BP is starting a strategic review of the Castrol lubricants business, which Bloomberg News previously reported could be worth around US$10 billion.
Energy & Commodities

Saudi Aramco weighs bid for BP’s Castrol lubricant assets

BP had aimed to cut oil and gas output by 40 per cent by 2030, but was last year reported to have abandoned the target.
ESG

Energy majors hold back on renewables, focus more on fossil fuels: research report

BP’s profit after tax tumbled to US$381 million last year from US$15.2 billion in 2023 in the face of higher costs and weaker oil and gas prices.
Companies & Markets

BP to up oil and gas output, slash clean energy spend in overhaul

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