BP agreed to sell adjoining production and exploration assets on the UK's side of the North Sea that include the Culzean gas and condensate field to Serica for at least $232 million.

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 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.

There’s one particular oil price forecast that’s caught the attention of our writer. If it’s right, the BP share price could ...

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 ...