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Jan 2026
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BP sells 65% of Castrol for $6 billion and shifts its strategy

The sale marks a turning point for BP as the British group moves away from its previous 'green' strategy

BP has discovered the largest oil and gas field of the last 25 years

The discovery, as announced by the oil company, was made off the coast of Brazil - About 500 meters deep

BP abandons its renewable energy plans and returns to fossil fuels

Donald Trump's "drill baby, drill" has re-encouraged investment in fossil fuels

BP: It is making 5% cuts in its global workforce

Around 4,700 workers and 3,000 contract workers will be laid off this year, BP told Reuters

The world’s largest oil and gas companies (infographic)

UK and Chinese companies have 4 spots in top 5

The Biggest Oil and Gas Companies in the World (infographic)

China’s Sinopec Group ranks first on the list of the world’s leading oil and gas companies

Mediterranean Gas bounty suddenly seems within big oil’s reach

Activity follows years of work by U.S. diplomats to harmonize economies of once-hostile nations such as Israel, Egypt & Jordan

Floating gas terminal could be ideal for Cyprus

The world’s first FLNG vessel, known as PFLNG Satu, is positioned at the Kanowit gas-field off Sarawak is now operational