British energy group BP on Tuesday reported a sharp rise in net profit for the third quarter, as it made progress in its turnaround plan, offsetting falling oil prices.

BP has doubled down on oil and gas production in an effort to boost shareholder valuations as profitability declines and net debt rises. It has launched a review of its portfolio and in October its ...

Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as higher refining margins ...

Stronger refining earnings will help offset declines in oil prices as the market appears to enter a period of significant oversupply ...

(Reuters) -The U.S. Federal Energy Regulatory Commission on Monday rejected a Colonial Pipeline proposal to change the way it ...

BP has agreed to offload stakes in some of its onshore oil and gas pipelines in the US as it seeks to shore up its finances.

Despite ‘glut’ headlines, U.S. inventories fall. OPEC+ discipline, sanctions and longer voyages tighten Atlantic Basin; ...

US factories are suffering from an “unprecedented” rise in unsold stock as Donald Trump’s trade war hits their overseas sales ...

European stocks reportedly traded steady on Monday amid a fresh wave of company earnings, including those from GTT and PostNL ...

BP PLC ($BP) ($GB:BP) has announced the sale of its stakes in U.S. midstream assets for $1.5 billion, ahead of its upcoming ...

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...