BP in advanced talks to sell $8B Castrol unit to Stonepeak - FT

U.S. infrastructure investor Stonepeak has emerged as the leading contender to acquire BP's (BP) Castrol lubricants unit, as ...
Convenience Store News

bp Plans Expansion of New Private Label Brand

The company is planning a consumer marketing campaign in the first quarter of 2025. As Blalock explained, the epic goods logo is simple and fun, and the packaging is bright and colorful. "Our goal is ...
Fast Company

BP’s new CEO imposes hiring freeze and pauses offshore wind projects

BP‘s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition ...
Yahoo

BP stirs controversy after halting operations for new type of fuel: 'Weaker-than-anticipated growth in the market'

Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader concern and shift in the company's approach to cleaner energy initiatives.
Crude Oil Prices

BP Merges Offshore Wind Business in $5.8 Billion Joint Venture With JERA

BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the ...
Morningstar

Could BP move its listing to the U.S.? Why a new chair at the oil giant is stirring speculation.

Could the company once called British Petroleum make America its new home? The rationale is straightforward: U.S. integrated oil companies trade at a premium to their European rivals, and there also ...