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BP retains 35% interest in new joint venture with Stonepeak Sale proceeds to reduce BP's debt, includes $800 million for dividends Canada Pension Plan to invest $1.05 billion, gain indirect stake in ...

Under the deal, BP is set to receive roughly $6 billion in proceeds from the sale of a 65% stake to Stonepeak.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has agreed to sell a majority stake in its Castrol lubricants division to US infrastructure group Stonepeak ...

Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Investors can expect a revival of speculation about a merger of global oil giants BP and ...

O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive Business live – latest updates BP’s board has appointed its first female chief executive in ...

BP named the American former Exxon Mobil XOM 0.38% executive as its new boss in an unexpected management shake-up Wednesday. She is set to take the helm of a storied yet often troubled energy producer ...

BP is parting ways with the chief executive who led its early drive for increased profits from oil and gas, after investor pressure for more progress. It was announced after markets had closed in the ...

BP chief executive Murray Auchincloss has stepped down after less than two years in charge of the oil giant, following pressure from activist investors. Auchincloss has been under pressure from US ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Meg O’Neill of Australia’s Woodside Energy will lead the British energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role. By Stanley Reed Reporting from London ...