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Western sanctions on Russia and China heighten risk of new economic crisis

- 'Continuation of aggressive sanction policies against Russia and China is bringing next economic crisis in Western countries even closer,' says Rosneft CEO

12:09 General

bp sells minority stakes in US midstream assets for $1.5 billion

- Transaction will be completed in two phases, with about $1 billion paid upfront and the remainder expected by year’s end, subject to regulatory approval

03.11.2025 General

US imposes new sanctions on Russia’s top oil firms over war in Ukraine

- 'Now is the time to stop the killing and for an immediate ceasefire,' says Treasury Secretary Scott Bessent

23.10.2025 Oil

Russia warns that UK sanctions will backfire

- New measures against Rosneft and Lukoil will ‘boomerang’ and harm ordinary Britons, says Russia’s London embassy

16.10.2025 Oil

bp projects emissions could fall 25% under current policies, 90% with stronger action

- Emissions to start gradually declining from 2030, with current climate and energy policies, global targets, and commitments to lower carbon emissions, bp says

08.10.2025 General

Türkiye secures 8.7 bcm of gas in new LNG deals with bp, Eni and Shell

- Alparslan Bayraktar is attending Gastech 2025 forum in Milan, which runs from Sept. 9 to 12

10.09.2025 Natural Gas Lng/Lpg Energy Diplomacy

bp Q2 profit falls to $2.35B, beating forecast

- Oil major sees strong operational, strategic performance, proceeds from divestments nearing $3B, says CEO

05.08.2025 Finance

JERA, bp launch joint venture on offshore wind

- Joint venture has potential to generate 13 GW

04.08.2025 Renewable

bp names Albert Manifold as new chair, succeeding Helge Lund

- Manifold to join bp's board as non-executive director and chair-elect on Sept. 1 and formally take over as chair on Oct. 1, oil major says

21.07.2025 General

bp agrees to sell US onshore wind business to LS Power

- Deal is expected to close by end of 2025, pending regulatory approvals

18.07.2025 Renewable

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bp assumes operatorship of Karabakh Oil Project in Caspian Sea

- Under deal, bp acquires 35% stake in both RSA and PSA, with SOCAR retaining remaining 65%

03.06.2025 Oil

bp sells 25% of its stake in TANAP to Apollo

- Apollo Funds will invest about $1 billion for non-controlling shareholding in bp Pipelines

21.03.2025 Oil

bp announces $10 billion annual investment plan in oil and gas

- Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion reduction from previously announced investment levels

27.02.2025 Natural Gas Oil