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 ...

Mr Lund is closely associated with BP's efforts to shift away from fossil fuels towards renewables, a muddled strategy that has been a major contributor to the underperformance of the company's share ...

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

Helge Lund stepping down as BP chairman in the coming months is a direct consequence of activist investors pushing for the UK ...

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

BP announced Friday that Chair Helge Lund is being replaced after he notified the company's board that he would step down in ...

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

Shell Midstream Operating, a subsidiary of Shell (SHEL), has agreed to sell its 16.125% interest in Colonial Enterprises to Colossus AcquireCo ...

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