Hurricane Isaias halted 72% of Gulf Coast oil production, evacuating crews from major platforms including BP assets. This supply disruption occurs amidst soaring freight costs and geopolitical tension
BP has commenced trading Venezuelan fuel oil, joining peers like Trafigura and Vitol following regulatory shifts. This move supports BP's strategic pivot back to oil and gas under new leadership, coin
BP CEO Meg O'Neill reorganized leadership structures to refocus the company on oil and gas operations following recent boardroom turmoil. The overhaul aims to clarify accountabilities and accelerate d
BP forecasts exceptional Q1 trading results driven by surging oil prices and higher refining margins amidst geopolitical tensions. New CEO Meg O'Neill plans to prioritize oil and gas profitability ove
BP agreed to acquire a 60% operating interest in three offshore Namibian exploration blocks from Eco Atlantic for $2.7 million. This deal reinforces BP's strategic pivot back to oil and gas projects t
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