Molly Bohannon has been a Forbes news reporter since 2023. Former BP chief executive Bernard Looney will have to forfeit more than $40 million in compensation—and return some of last year’s bonus—the ...

BP could book up to $1.5 billion in after-tax impairments across its portfolio as it warned lower gas and oil prices will drag on its results. The British energy major said Friday that it anticipates ...

LONDON (Reuters) - BP's head of refining and oil products trading Sven Boss-Walker has left the company with immediate effect to take up another job, a company spokesperson confirmed on Wednesday.

BP expects to book an impairment of up to $2 billion for the second quarter, and warned that weak oil trading and lower refining margins will hurt earnings. The British energy major said Tuesday that ...