An activist investor upped its stake to more than 5% in BP and is seeking cuts. BP, which operates the BP Whiting Refinery ...

BP is looking at investing $49 million in capital to relocate office workers from the Whiting Business Unit on Indianapolis ...

Activist investor Elliott has also urged BP to boost its adjusted free cash flow to $20 billion by 2027 from an oil-price ...

The Whiting Redevelopment Commission approved Tuesday a proposal from bp Whiting Refinery to purchase the former Mascot Hall ...

Exxon Mobil (NYSE:XOM), which once criticized clean energy spending by European rivals, is poised to leapfrog Shell (SHEL) ...

BP says investors back the new strategy of refocusing on oil and gas. But it is not hard to find scepticism over whether the ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.

Exxon told the FT that almost 65 per cent of its low carbon investment would be spent on reducing emissions for its customers ...