BP Stock News

BP was responding to a release of refined products on the Olympic Pipeline System east of Everett, Washington, and had partially restored part of the system, the company said on Monday.

BP is in active talks with investment firm Stonepeak over the sale of its Castrol lubricants unit, two people with knowledge of the situation said, in what would be a major step in meeting the energy company's $20 billion divestment goal.

BP p.l.c. ( BP ) Q3 2025 Earnings Call November 4, 2025 8:00 AM EST Company Participants Craig Marshall - Group Head of Investor Relations Murray Auchincloss - CEO & Director Katherine Thomson - CFO & Director Conference Call Participants Alastair Syme - Citigroup Inc., Research Division Alejandro Vigil - Banco Santander, S.A., Research Division Irene Himona - Sanford C.

Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global with an argument of unfair behaviour by the U.S. company, said five sources close to the matter, shedding light on strategy that could be used by claimants in parallel cases.

BP PLC (LSE:BP.) posted third-quarter profits broadly slightly ahead of consensus forecasts, with a new $750 million share buyback announced.

The oil-and-gas company increased its full-year divestment proceeds target as it continues with its turnaround program to catch up with its European peers.

BP on Tuesday posted a third-quarter underlying replacement cost profit, or adjusted net income, of $2.21 billion, compared with the average $2.02 billion in a company-provided poll of analysts and $2.27 billion a year ago.

The results come just over eight months after BP launched a fundamental strategic reset. In this article BP.