BP is divesting its entire US onshore wind energy business to LS Power, signaling a significant shift away from renewables ...

BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back on green energy.

BP has struck a deal to offload its US onshore wind business to LS Power, as the FTSE 100 energy major pushes ahead with its pivot back towards fossil fuels in a bid to revive its share price. The ...

BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report.

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

In 2013, TNK-BP was acquired by Russian oil giant Rosneft , which gave BP an 18.5% stake in the latter company. Thus, the performance of Rosneft is quite important for BP as a whole.

BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset.

There is no doubt that the weakness in oil prices has taken a toll on BP's (NYSE:BP) financial performance in the past few quarters.In the past one month as well, BP shares are down almost 5% post ...

BP Plc Chief Executive Officer Tony Hayward outlined plans to boost production and cut refinery costs as he tries to close the gap with Exxon Mobil Corp., the world's most profitable oil and gas ...