Death. Taxes. European oil stocks underperform their American peers. While I'm obviously joking a bit, it is widely known that European energy majors don't have the valuation multiples their American ...
Embattled BP returned to profitability and beat earnings expectations for the first time since announcing its “fundamental reset” early this year, moving away from renewables and back toward fossil ...
BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report. CEO Murray ...
The oil major could face investor dissent on several fronts during the meeting at its Sunbury-on-Thames hub in Surrey.
BP p.l.c. is divesting 65% of its Castrol brand to Stonepeak for $6 billion, accelerating its $20 billion divestment plan. BP will use the $6 billion proceeds to reduce net debt, targeting a $14B–$18B ...
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