BP

BP Q1 profit beats expectations at US$3.2 billion, driven by Middle East trading boon

The company says it anticipates fuel margins to ‘remain sensitive’ to the cost of supply and conditions in the region

BP has said that it expects its trading results to be "exceptional".

BP gains on Exxon to emerge as top big-oil stock during Iran war

The windfall comes at a crucial time for the former, with its shares being the sector’s worst-performing since 2020

This year, BP is second only to TotalEnergies among the top five oil majors, with a gain of more than 30% in US dollar terms.

BP chairman overcomes shareholder backlash to win first election

Slightly more than 81.8% of shareholders vote in favour of Albert Manifold

Meg O’Neill, BP’s first outsider CEO faces a list of challenges, which cost her predecessor his job and had raised crucial questions about the future of the more than century-old firm.

BP’s new CEO starts in latest bid to revive embattled oil giant

The crude rally due the Middle East conflict will give Meg O’Neill some breathing space

BP reported higher-than-expected profits at its gas and low-carbon units as well as profits mostly in line with expectations.

BP reports profits in line with expectations, suspends buybacks

It wrote down around US$4 billion in its renewables and biogas businesses

Under the production sharing contract between Reliance and the Indian government, disputes must be settled by a mutually agreed arbitration tribunal.

India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources

A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields

BP will retain exposure to Castrol’s growth plan over the coming years via a 35% interest in a new joint venture, with Stonepeak holding the remaining 65%.

BP to sell 65% stake in Castrol to Stonepeak for US$6 billion

The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt

Meg O’Neill is the first woman to lead any a top five oil major.

BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit

Prior to heading Woodside Energy, she spent 23 years at ExxonMobil

The Tiber FPU will share more than 85% of its design with the Kaskida FPU (pictured).

Seatrium bags new BP contract; lifts order book to more than S$2 billion

The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP