Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
India’s truckers brace for first diesel price hike in four yearsIn the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel ration...
Jio-bp not to raise petrol, diesel pricesJio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil cost...
BP warns of up to $5 billion of energy transition writedownsBP Plc anticipates up to $5 billion in writedowns from its energy transition business following a leadership change and a pivot back to fos...
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...
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 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 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...