BP posted a second-quarter underlying profit of $5.73 billion, doubling year-over-year amid rising oil and gas prices. The company is divesting assets including its U.S. biogas business and refineries
BP plans to dismantle its pipeline gas trading unit and lay off 20 employees to prioritize liquefied natural gas (LNG) expansion. The move highlights a strategic shift driven by Europe's transition aw
BP shares rallied 24% in 2026 as buy ratings doubled, driven by soaring oil prices and improved financial health. Executives prioritize debt reduction following a record quarter boosted by strong trad
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