Helge Lund told the board he planned to stand down 'most likely during 2026' having chaired the firm since 2019.

Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall further. The leading bid for Citgo favors creditors whose collateral rights over the ...

Investors avoided risky assets on Friday after China's retaliatory duties against the United States raised fears of a global economic recession.

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...

BP Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday amid a campaign by activist ...

WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs, as traders ...

The British energy company said Lund is likely to step down sometime next year, as activist investor Elliott Management ...

Pressure had been building around board and c-suite following involvement of activist investor Elliott and long-standing ...

Amid deliveries, tariffs, and news about Elon Musk, Tesla stock has had a wild week. Entering Friday trading, shares are down 2.1% over the past five days. BP Chair Helge Lund to Step Down Amid Push ...

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BP Chairman Helge Lund plans to step down in "likely 2026", and the process of selecting his successor has begun, BP announced on Friday.