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BP NEW STRATEGY
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...- Ambani bets on energy 'supercycle' as Reliance expands renewables, chemicals pushReliance Industries is spearheading India's energy independence with a massive push into renewables, chemicals, and alternative fuels. Chai...
- BP ousts Chair Albert Manifold in surprise move, citing unnamed governance issuesBP has removed its Chair, Albert Manifold, with immediate effect. The company cited serious concerns regarding governance oversight and con...
- QatarEnergy extends force majeure to mid-August, Italian Edison looks to US for replacementsQatarEnergy has prolonged its force majeure on LNG shipments to Italian utility Edison. This impacts supply and Edison's financial performa...
- Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- After Tim Cook's exit, CEO turnover surges: 209 January exits signal AI-driven shake-up across Apple, Disney, Walmart, and moreCEO changes are rising fast in 2026 as many big companies replace their leaders. Firms are bringing new CEOs to deal with AI, business pres...
- Beyond sneakers: Bachi Pullela’s ‘State of Joy’ bet in the footwear spaceBachi Pullela, Founder of State of Joy, discusses his transition from global manufacturing to building a consumer-facing brand rooted in In...
- From uncertainty to discovery: Union Minister Hardeep Singh highlights India's 'data-first' strategy to unlock offshore energy wealthIn his posts on X, the Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri, highlighted that India is moving beyond blind explo...
- BP to sell 65% stake in Castrol to Stonepeak for $6 billionBP is selling a major part of its Castrol lubricants business to Stonepeak for approximately $6 billion. This deal values Castrol at $10.1 ...
- BP walks back on renewable investment, to scale up fossil fuel productionBP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 per cent to $...
- Activist Elliott builds stake in oil major BP, source saysActivist investor Elliott Investment Management has acquired a significant stake in BP, aiming to boost shareholder value. BP is undergoing...
- bp drops oil output target in strategy reset, sources sayBP has scrapped its 2030 oil and gas production cut target under CEO Auchincloss, opting to focus on profitable oil and gas investments in ...
- BP short-lists three internal candidates for CEO, sources sayHowle has over 20 years of experience at BP and has held several senior roles in one of the world's largest energy trading divisions, becom...
- BP sets up new digital hub in PuneCo-located within BP's major global business services (GBS) operations centre in Pune, the new Digital Hub is expected to be operational by...
- British Petroleum appoints Spencer Dale as new Group Chief EconomistBP said , Dale will be responsible for advising the company Board and executive team on economic drivers and trends in global energy.
- Reliance-BP joint venture to source LNG from Freeport Terminal in USIndian Gas Solutions, the joint venture of BP and Mukesh Ambani-promoted Reliance Industries, will source LNG from the Freeport terminal in...
- Volker Schultz joins Essar Oil as UK headRuias-owned Essar Energy Plc has appointed Volker Schultz as the Chief Executive Officer of its UK subsidiary, Essar Oil (UK)Ltd.
- Reliance Industries, BP complete $7.2-billion dealReliance Industries and BP have completed the $7.2-billion deal in which the British company will pick up 30% in 21 blocks.
- Hayward to get new job at BP's Russian ventureTony Hayward is poised to move to a new job as a non-executive board member with few direct responsibilities at BP PLC's Russia venture, TN...
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