The Latest Breaking News from British Petroleum

Company says he only disclosed ‘a small number of historical relationships prior to becoming CEO’

The chief executive of British energy giant BP has resigned after he accepted that he was not “fully transparent” in his disclosures about past relationships with colleagues

According to BP’s annual report, Looney was paid £10 million last year

Forecasts by industry professionals indicate an upswing in oil prices due to increased demand and supply constraints. The rising price trends could significantly strengthen the energy sector in the near term. Therefore, entering September, fundamentally strong energy stocks BP p.l.c. (BP), Transportadora de Gas del Sur S.A. (TGS), and GeoPark…

The main game moved from an E85 blend to an E75 biofuel for this season, which contains more than 80 per cent second-generation fuel components.

Amid huge profits for oil majors, pressure builds on banks to cut ties.

James Lupton, who attracted controversy for being given a peerage after he was found to have donated millions of pounds to the Conservative Party, controls a 13% stake in the business

Manchester’s Aviva Studios is the latest venue to give its naming rights to the highest bidder. Is corporate sponsorship a necessity for the survival of the arts?

Exclusive: Oliver Dowden and Keir Starmer among those who enjoyed free tickets to events including the Chelsea flower show and the Derby

Among the highest paid CEOs were pharmaceutical giant AstraZeneca’s chief Pascal Soriot, with £15.3 million ($19.6 million), and defense company BAE Systems CEO Charles Woodburn, who earned £10.7 million ($13.7 million).

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m