[WASHINGTON] British oil giant BP said Tuesday it will sell all of its Alaska operations for US$5.6 billion, exiting the state after 60 years to help meet divestment goals.

[LONDON] BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the region...

A STRONG increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat second quarter profit expectations on Tuesday, lifting its shares.

US commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world's third largest sugarcane...

OIL companies are under increasing pressure to bring fuel to market faster and cheaper, leading BP Plc to conclude some of its resources "won't see the light of day", according to its head of...

[LONDON] BP Plc is continuing normal operations as employees work from home after Greenpeace put up barriers on the entrances to its London headquarters.

BP's first-quarter profits fell by nearly a third but beat forecasts as lower oil and gas prices and weaker refining margins were partly offset by higher production and stronger trading.

THE world's top energy companies booked enormous profits last year, thanks to higher oil prices and keeping a tight lid on spending, even if that risked limiting their medium-term production...

[LONDON] Pressure on oil companies to tackle climate change is growing after an activist group for the first time filed a shareholder resolution urging BP to set hard targets for reducing overall...

BP'S profits thundered to a five-year high, boosted by stronger oil prices with production set to rise further, thanks to the US$10.5 billion acquisition of BHP Billiton's US shale...