BP

London-based BP PLC (NYSE: BP) will sell its petrochemical business, including a local plant, to London-based Ineos Group Inc.

The $5 billion price tag means BP met its $15 billion divestment goal a year ahead of schedule, officials said in a June 29…

London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, is bracing for the ongoing effects of the Covid-19 pandemic.

The energy giant expects noncash impairment charges and write-offs in the second quarter to total between $13 bill…

London-based energy giant BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, plans to cut about 15% of its global headcount, Reuters and the Associated Press reported June 8.

Sources told Reuters that CEO Bernard Looney told employees in a…

London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, announced May 28 that David C. Lawler will be the next chairman and president of BP America Inc.

Lawler is currently CEO of BPX Energy, the company’s Lower 48 division, which …

London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, is getting a new CFO later this year in addition to a new CEO.

Current CFO Brian Gilvary will retire from the company and step down from BP’s board on June 30, according to a…