An activist investor famed for ousting senior leadership has called for BP chair Helge Lund to quit after the oil major’s ...

Those that fail to learn from ­history are doomed to repeat it.' It may seem odd for a Labour MP to quote a Conservative ...

SACRAMENTO, Calif. - Senator Shannon Grove (R-Bakersfield) has issued the following statement in response to Assembly Bill X2-1 (Hart) passing off the Senate Floor. This measure, sponsored by Governor ...

A global slowdown in the demand for fuel has hit BP's refining business. The oil major said it expects a slump in refining ...

Brent crude oil futures settled down 36 cents, or 0.45%, at $79.04 a barrel. EDT. U.S. West Texas Intermediate crude futures ...

The broader problem is weak demand for refined products such as gasoline and jet fuel amid an economic slump in China, as ...

BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.

British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins ...

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

Elon Musk, CEO of Tesla, unveiled the electric vehicle (EV) maker's driverless robotaxi at an event in Los Angeles on ...

BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...