BP Unveils New Gulf of Mexico Oilfield as Profits Exceed Expectations

BP, the British energy giant, has revealed plans to drill a new oilfield in the Gulf…

BP Profit Plummets 79%: Refining Margins, Write-Downs & Climate Criticism

British oil giant BP announced a sharp decline in profit for the first half of the…

BP Revises Forecasts for Oil and Gas Demand Upward as Clean Energy Transition Slows

Oil giant cautions that delays in transitioning could be ‘costly’ in its yearly outlook. California Oil…

BP Anticipates Up to $2 Billion in “Adverse Adjustments” in Q2 Results

British oil giant BP announced on Tuesday that it expects “adverse adjustments” after tax of “between…

Carlyle to Establish Mediterranean Oil and Gas Enterprise

Private equity giant Carlyle is venturing into the Mediterranean oil and gas sector with the acquisition…

California Takes on Big Oil with Consumer Protection Lawsuit

California is taking a bold step to hold the world’s largest oil companies accountable for their…