BP plunged into a net loss of almost US$16.85 billion in the second quarter, the British oil giant announced on Tuesday, as the coronavirus pandemic ravaged demand for oil, sending prices tumbling...

[LONDON] BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business.

ANGLO-DUTCH energy major Royal Dutch Shell on Thursday posted a colossal net loss of US$18.1 billion for the second quarter, blaming massive asset writedowns on the coronavirus-hit oil market, and...

[BEIJING] China National Petroleum is in talks to acquire part of BP's stake in a key gas field in Oman, according to people familiar with the matter.

BP plc has placed some personnel from its Singapore-based crude oil team on leave after they were mentioned in court documents filed in disputes between banks and other trading houses, said people...

[SINGAPORE] BP Plc has placed some personnel from its Singapore-based crude oil team on leave after they were mentioned in court documents filed in disputes between banks and other trading houses...

[SINGAPORE] A former manager at oil giant BP was found guilty on Thursday of receiving US$3.95 million in bribes from a businessman, who was also convicted.

[HOUSTON] Saudi Aramco has joined with European and US supermajors representing a third of the world's oil industry to begin curbing emissions at their own operations as the clamor builds for the...

[ANCHORAGE, Alaska] Alaskan officials on Monday approved BP Plc's sale of its oil and gas leases in the state to closely held Hilcorp Energy Co as part of a previously announced US$5.6 billion...

[LONDON] British energy group BP, hit hard by the coronavirus pandemic slashing demand for oil, announced Monday the sale of its petrochemical business to rival Ineos for US$5.0 billion (S$6.97...