BP Plc

"We've seen of course through 2022 the fragility of the energy system," Sawan said. "To see prices start to skyrocket, that's not healthy for anyone, particularly consumers"

Tufan Erginbilgic, 62, spent 20 years at BP Plc, and in his most recent role before leaving in 2020 led the firm's downstream business

Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government

It has started preliminary talks with potential investors including large commodity traders, according to the peope.

BP Plc and Equinor ASA have already made incremental dividend increases and announced more modest buyback plans

Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 mmscmd of additional natural gas that will be available for sale from their eastern offshore KG-D6 block

Exxon Mobil Corp. reported the largest losses in its history nearly $20.1 billion for the fourth quarter, including more than $19 billion to write down the value of company assets

BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, sources said

BP joins other employers that are changing their work styles after many employees began working at home due to the coronavirus pandemic

An employee of BP Plc's Australian refinery who was fired last year for mocking management online using a well-known meme of Adolf Hitler has been awarded more than $143,100 in compensation

BP paired the payout news with more details for investors of its net-zero strategy - bringing forward announcements expected in September

The writedown announcement came after Shell cut its forecast for energy prices into 2023 on expectations that sales will only recover slowly after the pandemic

The deal was to be concluded by March 2020 but has been delayed.

Like its rivals, the British oil major is set to take a big hit to revenue from an unprecedented collapse in demand due to the pandemic.

Reliance has increased 35% this year, compared with BP's 1.2% gain as it works on cutting high debt levels

The JV will incorporate and build on RIL's current fuel retailing network across India

Dudley's most notable achievement was rescuing the company in the wake of the Deepwater Horizon catastrophe in the Gulf of Mexico that caused the biggest oil spill in US history and killed 11 people

Reliance and BP split Niko's share in proportion to their existing shareholding in the block

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

He added that though there is a perception that India is challenged with oil and gas resources, it is blessed with a great market and whatever increased production will not be enough to fill it