Oil and gas major BP (NYSE:BP) on Tuesday said it expects third-quarter upstream production to rise from the previous quarter ...

The company is in the midst of a strategic reset and review of its portfolio as it seeks to shore up its balance sheet amid declining profitability and pressure from an activist investor.

BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but ...

BP stock dropped as the company's Q3 update highlighted flat net debt, weak trading, and up to $500 million impairments.

BP Plc said weak oil trading undercut profit while production increased for a second straight quarter, offering investors a ...

BP Plc began oil production at its Murlach project in the UK North Sea, the energy giant’s sixth startup this year as it ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

British energy company BP has signed a new agreement to drill five offshore natural gas wells in the Mediterranean within its ...