BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.

BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...

The British oil and gas giant's Chief Executive Murray Auchincloss said the company would continue to reshape its portfolio and has made strong progress in cutting costs. BP now plans to change its ...

In Saratov and Engels, where the base of strategic bombers is located, tonight, on February 11, a siren howled and explosions ...

Engels Airbase in Saratov Oblast houses Russia’s strategic bombers, including Tu-95MS and Tu-160 aircraft, frequently used to ...

Indian Oil is purchasing Russian crude oil cargoes without involving sanctioned entities. The company predicts gasoline and ...

Hpcl: Hindustan Petroleum plans to increase the capacity of its Vizag oil refinery by 20% to meet rising local fuel demand.

For the second time in a month, Ukrainian drones have attacked a Rosneft oil refinery and a strategic bomber base in Russia’s ...

"The Saratov Oil Refinery is one of the key facilities in Russia's fuel infrastructure. Its refining capacity reaches 7 ...

BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.