BP’s annual profits doubled to £23 billion after oil and gas prices increased last yearBP's record profit this year came in the backdrop of Brent crude oil’s price reaching nearly $128 a barrel. However, the price has since th...
Oil stocks boost FTSE 100 as China data signals recoveryThe commodity-heavy FTSE 100 was up 0.4%, with BP Plc and Royal Dutch Shell Plc the biggest boosts as oil rose 1%.
Reliance pushes back KG-D6 production to September/OctoberThe company, along with its partner BP Plc of the UK, was initially targeting the start of production from the R-Series field in the Krishn...
European shares tumble on oil crash, dour earningsBP Plc, Royal Dutch Shell Plc and Total SA fell between 3% and 4.0%, knocking 1.1% off the pan-European STOXX 600 index at 0702 GMT. Miners...
BP seeks licence to sell jet fuel in IndiaBP Plc, Europe's second-largest oil company, has applied for licence to retail jet fuel or ATF at airports in India, Oil Secretary Vivek Ra...
- BP says making efforts to ramp up gas output at KG-D6
BP today said it along with its partner Reliance Industries making efforts to improve gas output at their flagging eastern offshore KG-D6 f...
- Reliance to close $7.2 bn BP deal this month
Reliance Industries Ltd (RIL) is likely to close its $7.2 billion deal to sell stake sale in 21 oil and gas blocks to UK's BP plc in the ne...
BP's $7 billion deal with Reliance pushes BRIC strategyBP Plc CEO Robert Dudley's second over-$7-bn deal this year signals a shift for BP toward the world's fastest-growing economies as explorat...
- BP back in black, reports $1.79 bn Q3 profit
British energy major BP Plc swung into a profit of $1.79 billion for the three months ended September 30, driven by robust operating perfor...
- British PM's visit to US clouded by BP worries
David Cameron hopes his first trip to Washington as British prime minister will showcase a flourishing friendship with President Barack Oba...
- BP to install tighter cap on oil well
Efforts by BP Plc to replace an existing cap on the gushing oil well in the Gulf of Mexico could begin Saturday, leading to a possible halt...
- India records highest rise in gas production worldwide
India recorded the highest rise in natural gas output worldwide in 2009 after Reliance Industries' eastern offshore KG-D6 field came into p...
- BP market losses hit $100 billion on spill cost fears
BP Plc stock hit a 14-year low on Friday and its credit weakened sharply on talk it needs extra cash to fund the clean-up and compensation ...
- Moody's cuts BP ratings, again
Moody's Investors Service downgraded the senior unsecured ratings of BP PLC on Friday, the latest in a string of hits to the beleaguered oi...
BP starts burning oil from leaking ruptured wellBP began burning oil siphoned from a ruptured well in the Gulf of Mexico.
BP sets aside funds for Gulf barrierBP PLC says it has established a $360 million escrow account.
- BP works on another attempt to plug oil leak
BP PLC technicians were gingerly moving joysticks to guide deep-sea robots and thread the 6-inch tube with a rubber stopper into the 21-inc...