BP warns on oil price after reporting $6.3B loss

BP (London Stock Exchange: BP.-GB), one of the world's biggest oil companies, announced a second-quarter replacement cost loss of $6.3 billion Tuesday, and warned that low oil prices are here to stay.

BP: Demand for energy 'slowing'

The growth in global demand for energy slowed to levels not seen since the late 1990s, a new report suggests.

Leading oil industrialist accuses BP of spurning its lead role in the North Sea

Alexander Temerko, a leading oil industrialist in Britain, has launched a stinging attack on BP, accusing it of abandoning its lead role in the North Sea in favour of championing the interests of Russia.

BP rules out UK shale gas drilling – for now

BP has ruled itself out of drilling for shale gas in the UK, at least for now – indicating it fears its damaged safety record from the Gulf of Mexico spill would make it a target for protesters.

BP fights to keep fines down in new Gulf of Mexico oil spill trial phase

HOUSTON/LONDON: BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well.

BP and Rosneft plan TNK integration

Bob Dudley, BP’s chief executive, is to join a steering committee to mastermind the integration of TNK-BP (LSE: BP.L - news) into Rosneft, the companies announced on Thursday.