Oil producer BP and Venezuela ​have signed a memorandum of understanding ‌for the company to explore for gas in the Loran offshore area, an executive from the ​company and acting President Delcy Rodriguez ​said on Wednesday.

BP and Venezuela signed a memorandum of understanding to explore and develop offshore natural gas in the Loran area, part of the Deltana Platform near Trinidad and Tobago. The agreement marks BP’s renewed presence in Venezuela’s energy sector and ...

BP's shares have surged by over 32% this year, positioning the company as the second-best performing stock among the top five oil supermajors, trailing only France’s TotalEnergies. BP's net debt rose to $25.3 billion by the end of the first quarter, up from $22.18 billion at the end of the previous year.

HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, underscoring its commitment to the U.S. region to rebuild its oil and gas business. The Tiber ...

BP (NYSE:BP) on Monday confirmed an oil and gas discovery in Namibia's offshore Orange Basin that African energy explorer and operator Rhino Resources had reported earlier this month, an area where other major oil companies have made several major ...

Oil giant BP failed to get two motions passed, one of which would've permitted retiring two company climate disclosure obligations.

The Federal Reserve has made its latest decision on interest rates, as surging energy prices create uncertainty for inflation and the job market.

Gas prices across the country surged overnight Monday into Tuesday with Pennsylvania being among the states experiencing the steepest increases. The average gas price in Pennsylvania increased 9.6 cents overnight,