It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past.

It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past ...

Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits slumped by a third last year.

Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...

BP investors demand vote on any plans to scrap climate goals - The oil giant is expected to go back on a promise to reach net ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...