BP PLC
BP’s new CEO to simplify company structure into upstream, downstream units
FILE PHOTO: Meg O’Neill speaks during a media interview as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. Callaghan O’hare | Reuters BP will reorganize into two main business units – upstream and downstream – under new CEO Meg O’Neill, who took the […]
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Why pressure is mounting at oil giant BP ahead of its annual general meeting
A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images A growing chorus of dissenting investors appear to be ramping up the pressure on BP ahead of its annual general meeting. The Local Authority Pension Fund Forum (LAPFF), a top U.K. pension fund body, […]
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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again? The parallels are hard to ignore. Asian currencies are under pressure, fueling the risk of capital outflows. Spiking energy costs have pushed governments to […]
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Brent oil spot price above $120 in sign that Iran ceasefire can’t solve deep disruption
The spot price for cargos of Brent crude oil came in at $124.68 per barrel on Wednesday in a sign that the Iran ceasefire agreement is unlikely resolve the deep supply disruption triggered by the five-week war. The spot price governs Brent oil for delivery in the next 10 to 30 days, in contrast to […]
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A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace
WASHINGTON, DC – APRIL 06: U.S. President Donald Trump speaks alongside Central Intelligence Agency Director John Ratcliffe (L) and U.S. Secretary of War Pete Hegseth (R) during a news conference in James S. Brady Press Briefing Room of the White House on April 06, 2026 in Washington, DC. Alex Wong | Getty Images News | […]
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