Bp

The deal, if done, would have been the largest corporate deal this year, according to WSJ

BP chair Helge Lund to step down amid Elliott campaign

Lund had backed BP's 2020 strategy to move its focus away from oil and gas, including an ambition to cut its hydrocarbon output

As BP, Shell scale back energy transition plans, where do Indian oil companies stand?

As the country plans to achieve net-zero emissions target by 2070, Indian oil companies have set their respective goals to cut greenhouse gas emissions. Despite ambitious plans by Indian oil companies, the projects taken up by the firms for energy transition have not picked up pace as expected.

Castrol India shares in focus as BP looks at 'strategic review' of lubricants business

BP said it may look for stake sale in Castrol to improve its own balance sheet

BP set to eliminate thousands of jobs in turnaround plan: CEO Murray Auchincloss

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe 600 Energy Index, which rose 0.2%.

BP scouts for opportunities in India, to hold board meeting

In June, the government had said that the country's top exploration company Oil and Natural Gas Corp was seeking a technical tie-up with a global oil major to boost production from its western offshore Mumbai High fields

bp appoints Kartikeya Dube as India head

Sashi has always led with conviction, and positivity and leaves a strong legacy of being a true advocate for bp in India

Europe's main energy stocks index hits highest since 2008

Oil prices have been supported near a six-month high this week as heightened tensions in the Middle East raise the risk of supply disruptions from the oil-producing region

BPCL signs 4-month US oil purchase deal with BP: Report

BPCL would start taking delivery of the oil from June, they said.

BP urges more oil, gas investment while speeding energy transition

Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.

BP CEO calls for more oil and gas investment while prioritising energy transition

Emission levels have risen since the Paris conference on climate change in 2015, despite global efforts, he said, and highlighted that maintaining a methodical approach to the energy transition is essential

BP working with Reliance to develop EV charging infrastructure in India: CEO

BP Chief Executive Officer Bernard Looney charging infrastructure is going to be critical for India to not just achieve net zero goal by 2070 but also for energy independence goal by 2047.

BP profits are cut in half to $2.6 billion as oil and natural gas prices fall

Energy costs were a major driver of inflation around the world, stirring outcry as households and businesses faced skyrocketing electricity and heating bills while energy companies’ profits skyrocketed.

Infosys bags five-year deal pegged at $2bn with existing client

The deal is to provide AI and automation-led development, modernisation, and maintenance services.

Reliance-bp start production from MJ field in KG D6 block

The field will produce from eight wells and reach a peak gas production of around 12 MMSCMD gas and 25,000 barrels of condensate per day.

After Reliance-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs

While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers.

Infosys bags $1.5 bn deal from BP for end-to-end application services

For Infosys, this marks the biggest deal since the company signed Daimler in late 2020.

Jio-bp launches premium diesel at rates less than normal diesel sold by PSUs

The premium diesel is priced at rates lower than normal or additive-free diesel sold by public sector (PSU) competition.

EV ride-hailing startup BluSmart raises $42 million from BP, others

Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity. BluSmart is currently valued at $250 million, its co-founder Anmol Jaggi told Bloomberg News, and the founders too participated in the current round.

Reliance to start gas production from MJ field this quarter

KG-D6 off the Andhra coast is India's only deepwater block under production.

Jio-bp rolls out E20 petrol with 20% ethanol

The blending of ethanol, extracted from sugarcane as well as broken rice and other foodgrains, in petrol is being introduced in the country by the government to reduce the country's oil import cost and lower carbon emissions while giving farmers an additional source of income.

Don't say it out loud, but BP is back into petroleum

The oil giant hasn’t pulled a U-turn on going green, but it isn’t moving in a straight line either

Davos 2023: Big Oil in sights of climate activist protests

Major energy firms including BP, Chevron and Saudi Aramco are among the 1,500 business leaders gathering for the annual meeting in the Swiss resort of Davos, where global threats including climate change are on the agenda.

BP to expand EV charging network at M&S stores

The oil major is stepping up the pace of liquidating fossil-fuel assets to raise funds to invest in renewable-energy projects amid a global push for decarbonisation by energy firms.

Rolls-Royce names former BP exec Tufan Erginbilgic as CEO

Tufan Erginbilgic spent 20 years at BP Plc and before leaving in 2020 led the firm’s downstream business