BP PLC said Wednesday it expects to book $4-5 billion in write-downs primarily related to its "transition" business for the fourth quarter of 2025. "These charges are primarily attributable to the gas ...

Energy company also under pressure from worse oil trading performance and weaker oil prices Business live – latest updates BP has said it expects to write down the value of its struggling green energy ...

BP BP1.73%increase; green up pointing triangle said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that ...

It’s hard to overstate the impact of the first 24-hour music video channel on the world’s teens. But after four decades, and with the advent of Instagram’s direct fan connections, the endless variety ...

BP nets $6 billion from Castrol sale, halfway to $20 billion divestment goal London. BP agreed to sell a 65% stake in its Castrol lubricants business to Stonepeak Partners at an enterprise value of ...

BP (BP) will sell a 65% stake in Castrol to Stonepeak, valuing the unit at $10.1 billion. Waymo (GOOGL) will update its fleet software and emergency protocols after a San Francisco blackout ...

UK supermajor BP has agreed to sell a 65% stake in its Castrol subsidiary to global investment firm Stonepeak, in a deal giving the lubricants player an enterprise value of $10.1 billion. BP confirmed ...

O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive Business live – latest updates BP’s board has appointed its first female chief executive in ...

SYDNEY - BP appointed Ms Meg O’Neill as its new chief executive, making her Big Oil’s first female leader, as the producer struggles to revive its fortunes after a botched pivot toward renewable ...

British oil giant BP just announced a new CEO, marking its fourth chief executive shake-up in the last six years alone. The company named Meg O’Neill, who previously led Australia’s top oil and gas ...

BP has tapped Woodside Energy’s Meg O’Neill as its next CEO, its first external hire for the post in more than a century and the first woman to lead a top-five oil major as the firm pivots back to ...

Defense Secretary Pete Hegseth on Tuesday rejected bipartisan congressional demands that the Pentagon release footage of an airstrike that killed survivors of a first attack on an alleged drug boat in ...