BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company said ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...

HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, underscoring its commitment to the U.S.

BP’s massive 440,000-barrel-per-day Whiting refinery—the largest in the U.S. Midwest—was forced into flaring late Monday after severe thunderstorms dumped heavy rain across northwest Indiana, flooding ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

HOUSTON (Reuters) -British oil major BP said on Monday it will move ahead with a $5 billion offshore drilling project in the U.S. Gulf of Mexico called Tiber-Guadalupe, marking another step in the ...