bp
- Business
BP and ADNOC Suspend $2 Billion Stake Acquisition Offer to Israeli NewMed
In a recent development, BP and the Abu Dhabi National Oil Company (ADNOC) have reportedly suspended their planned acquisition of…
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Vitol-owned Petrol Ofisi agrees to purchase BP’s Turkish fuel operations
On completion, it is expected that Petrol Ofisi will have a network of around 2,700 service stations in Türkiye, an…
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BP invests $10 million in biofuel firm with plans for first plant in Dubai
WasteFuel last year said it would partner with Averda to develop the waste-to-energy project British multinational oil and gas firm…
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Shell first-quarter profit jumps 6% to $10bn on strength in fuel trading business
Company announces share buyback of $4 billion Oil and gas company Shell reported a better-than-expected first-quarter profit on Thursday on…
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Big oil companies are spending millions to appear ‘green.’ Their investments tell a different story
Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and lobbying…
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BP second-quarter profit triples to $9.3 billion
British oil giant BP returned to profit in the second quarter on the back of soaring energy prices, following a…
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bp to invest up to £50 million in new battery R&D center in UK
bp’s Castrol to work with car manufacturers and suppliers to co-engineer future battery technology bp unveiled plans on Monday to…
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