bp

BP tells employees to reveal office romances or get fired after CEO's affair scandals

Move comes months after its chief executive was forced to step down after it was learned he maintained inappropriate relationships with colleagues.

Two female execs leave UK energy giant BP in wake of ex-CEO Bernard Looney scandal

Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.

BP sells petrochemicals business to Ineos for $5 billion

BP is selling its petrochemicals arm to Ineos for $5 billion as part of the fossil fuel giant's efforts to reposition itself as a more sustainable energy company. The deal...

BP slashes assets by up to $17.5 billion as coronavirus slams oil industry

BP expects to slash the value of its assets by up to $17.5 billion after predicting the coronavirus pandemic will depress energy prices for years to come. The British energy...

BP lays out plans to achieve net zero emissions by 2050

LONDON — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050,...

Climate protests shut down BP's London headquarters on CEO's first day

LONDON - Climate protesters forced BP to temporarily shut down its London headquarters on Wednesday, the first day in office for the oil and gas company’s new CEO Bernard Looney....

BP CEO credited with saving company will retire next year

“Bob has dedicated his whole career to the service of this industry. He was appointed chief executive at probably the most challenging time in BP’s history,” said BP Chairman Helge...

Gas-price goof drives Wisconsin motorists wild

Dozens of drivers raced to a gas station in Wisconsin to buy dirt-cheap fuel after a knucklehead worker accidentally set the price to just pennies per gallon, according to a...

Global carbon emissions rose at the fastest rate in seven years: report

Global carbon emissions skyrocketed last year at the fastest rate in seven years -- prompted by a weather-related spike in energy demand, according to a newly released report from BP....

Judge questions de Blasio's lawsuit against oil, gas companies

A Manhattan federal judge questioned the de Blasio administration's temerity in suing oil and gas companies for ruining the planet -- when the city keeps using their products in its...

Judge wants climate change class in case against big oil

SAN FRANCISCO — A federal judge presiding over lawsuits that accuse big oil companies of lying about global warming to protect their profits is turning his courtroom into a classroom...

AI could be coming to a gas station near you

Cortana, Siri, Alexa, meet … Miles. Through February, the oil and gas giant BP is testing a new kind of pump technology at several gas stations in the Chicago and...

Judge approves $20 billion settlement in BP oil spill

NEW ORLEANS — A federal judge in New Orleans has granted final approval to an estimated $20 billion settlement, resolving years of litigation over the 2010 BP oil spill in...

$18.7B deal clears path for BP to close books on Gulf spill

NEW ORLEANS — Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five...

BP oil spill left big 'bathtub ring' on sea floor

The BP oil spill left an oily "bathub ring" on the sea floor that's about the size of Rhode Island, new research shows. The study by David Valentine, the chief...

FAA approves first commercial drone flights over land

WASHINGTON — The Federal Aviation Administration said Tuesday it has granted the first permission for commercial drone flights over land, the latest effort by the agency to show it is...

Former-BP exec sold $1M in stock at height of spill disaster

A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the...

Appeals court to review approval of BP settlement

NEW ORLEANS — A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the...

First major storm of the season threatens Gulf Coast

NEW ORLEANS — Preparations began Thursday along the central Gulf Coast as newly formed Tropical Storm Karen threatened to become the first named tropical system to menace the United States...