BP is close to selling a majority stake in its Castrol lubricants division to investment firm Stonepeak. The deal values the ...

Houston - British oil company BP failed to emphasize safety at its U.S. refineries before the 2005 Texas City explosion that killed 15, according to a report released Tuesday by an independent panel ...

BP stock offers strong turnaround potential, solid fundamentals, and attractive yields amid a strategic shift—discover if BP ...

British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...

The dirty energy industry is raking in profits while citizens worldwide suffer the effects of Earth’s rising temperatures. “This is what a broken energy system looks like: Oil giants get richer ...

Internal documents show that budget cuts and a lack of leadership contributed to significant safety problems at BP PLC's Texas City plant, the site of last year's deadly explosion, federal ...

HOUSTON – An independent panel left little question Tuesday about BP’s poor safety oversight, its deficient leadership and short-term focus at its U.S. refineries – critical indictments for a company ...

Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology. The ...

NEW ORLEANS (AP) — Oil giant BP PLC laid much of the blame for the rig explosion and the massive Gulf of Mexico spill on itself, other companies' workers and a complex series of failures in an ...

BP’s internal probe of the Deepwater Horizon disaster points fingers at rig owner Transocean Ltd. and contractor Halliburton Co. while also accepting some blame for the fatal accident that touched off ...

BP has released a report from its internal investigation of the months-long oil spill in the Gulf of Mexico. It concludes by assigning blame to itself but also to several other organizations involved, ...

BP has released the results of an in-house investigation into the causes of the blowout at its well in Gulf of Mexico on April 20. The report identifies eight separate failures — either of equipment ...