BP PLC
Oil giant BP to sell 65% stake in $10 billion Castrol unit
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets […]
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BP has appointed its fourth CEO in 6 years – but will she be radically different?
Meg O’Neill, chief executive officer of Woodside Energy Group Ltd., attends the company’s annual general meeting in Perth, Australia on Thursday, May 8, 2025. Photographer: Matt Jelonek/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images BP is changing its CEO again, but not its direction. The appointment of Woodside Energy boss Meg O’Neill as […]
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BP names new CEO — its fourth in 6 years
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role […]
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European markets set to open lower ahead of central bank bonanza
European stocks are expected to open in negative territory on Thursday as traders prepare for central bank decisions today. Source
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BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images Oil and gas major BP said it had appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort […]
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Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil […]
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European markets higher as U.S. government shutdown ends; Burberry jumps 7%
LONDON — European stocks were higher on Thursday, tracking their global counterparts as the U.S. government shutdown came to an end. The pan-European Stoxx 600 was nearly 0.1% higher 9:49 a.m. in London (4:49 a.m. ET) with sectors in mixed territory. The U.K.’s FTSE 100 index and Germany’s DAX were in the red on Thursday, […]
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European markets lower as investors react to earnings; UK’s Reeves delivers pre-budget speech
The skyline of London’s financial district. Leon Neal | Getty Images News | Getty Images LONDON — European stocks were lower on Tuesday, reversing positive sentiment seen at the start of the new trading month. The pan-European Stoxx 600 was down 1.1% at 8:25 a.m. (3:25 a.m.ET), with all sectors in negative territory. The U.K.’s […]
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BP beats third-quarter profit expectations on higher oil and gas production
The BP logo is displayed on a petrol tanker delivering fuel at a petrol station in Shepton Mallet on October 20, 2025 in Somerset, England. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected third-quarter profit as higher crude and gas production outweighed a weak oil trading […]
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European markets start the new trading month higher
An aerial view of the Shard on June 28, 2012 in London, England. Greg Fonne/Getty Images LONDON — European stocks opened the new trading week — and month — on a positive note ahead of a busy week of central bank decisions and earnings. The pan-European Stoxx 600 opened just above the flatline. The U.K.’s […]
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