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BP PLC

The first U.S. commercial-scale offshore wind project

by Shen Ridenbaugh
The first U.S. commercial-scale offshore wind project

GREENPORT, N.Y. – Roughly 35 miles off the east coast of Montauk, New York, 12 turbines gently spin in the wind at Orsted’s newly developed South Fork Wind farm. The …

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Global sell-off, FTSE 100, Bank of England rate cut

by Merchant Moller
Global sell-off, FTSE 100, Bank of England rate cut

The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on …

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Bank of England, Fed decisions; tech rally

by Merchant Moller
Bank of England, Fed decisions; tech rally

General view of the Bank of England building in London. Sopa Images | Lightrocket | Getty Images LONDON — European markets closed lower on Thursday as investors processed a raft …

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Euro zone inflation, Fed meeting, earnings

by Merchant Moller
Euro zone inflation, Fed meeting, earnings

LONDON — European markets closed higher on Wednesday, maintaining positive momentum after euro zone inflation rose unexpectedly. The Stoxx 600 index preliminarily closed 0.79% higher, with technology stocks jumping 2.62%. …

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BP beats profit expectations after warning of weaker oil refining

by Merchant Moller
BP beats profit expectations after warning of weaker oil refining

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British …

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BP expects up to $2 billion impairment in 2Q on weak refining margins

by Shen Ridenbaugh
BP expects up to  billion impairment in 2Q on weak refining margins

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images BP shares dropped on …

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BP exec’s husband gets prison term for insider trading

by Valentin Shriner
BP exec’s husband gets prison term for insider trading

Sam Edwards | Getty Images The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 …

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Oil giant posts stronger-than-expected profit

by Shen Ridenbaugh
Oil giant posts stronger-than-expected profit

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant …

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BP cuts executive team size, picks new head of gas and low carbon energy

by Shen Ridenbaugh
BP cuts executive team size, picks new head of gas and low carbon energy

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British …

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Oil giant Shell waters the down pace of its near-term emission cuts

by Merchant Moller
Oil giant Shell waters the down pace of its near-term emission cuts

A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday announced plans to …

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