BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers. Its latest ...

The turnaround work included the installment of remotely operated valves at the coker unit. The company said the new valves would help mitigate risks for refinery workers by allowing them to remotely ...

Being active in US is too important for UK supermajor to change its plans based on impact of tariffs on exploration and field ...

BP has suspended its plans to produce blue hydrogen at its Whiting refinery, citing economic uncertainty, a sluggish hydrogen ...

BP has indefinitely paused its carbon sequestration project, which would have required a pipeline to run through six Indiana ...

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It was part of BP’s effort to make “blue” hydrogen — which is made using energy from fossil fuels, but includes carbon ...

SACRAMENTO, Calif. — The Fix 50 construction project completion date has been pushed back a year, as officials say areas require deeper fixes than initially anticipated. Fix 50 is one of several ...

Shares of Torrent Power rose on June 3 a day after the firm announced LNG supply pact with BP Singapore to fuel power plants and meet peak demand. Torrent Power Ltd (TPL) has signed a long-term ...

BP (NYSE:BP) said Tuesday the Shah Deniz consortium took a final investment decision to spend $2.9B to advance the new Shah Deniz Compression project, the next stage of development of the giant ...

Relying on a few traditional shipyards for decades has resulted in multiple postponements of milestones of acquisition effort in addition to over costs, the coalition said. The Office of Naval ...