BP
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BP doubles profit, defends exit from Bay du Nord oil project off NewfoundlandBritish Petroleum reported a profit of US$3.9 billion in the second quarter of this year, more than double its profit from the same period last year.MoneyAug 5
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BP to slash spending on net zero ventures as it focuses on oil and gas againA setback for the green energy industry as British energy giant BP announces it's slashing future spending on its net zero transition business plans by billions of dollars.EconomyFeb 26, 2025
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Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 millionCenovus Energy Inc. has reached a deal with British energy giant BP to buy the remaining 50 per cent stake in the BP-Husky Toledo Refinery for $300 million.EconomyAug 8, 2022
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BP exits oilsands to focus on offshore; will sell Sunrise stake to CenovusBritish energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.CanadaJun 13, 2022
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Kenney unconcerned with OPEC demand drop, says ‘real world’ needs oil and gasJason Kenney told reporters Tuesday there will be a supply crunch once global demand recovers after the COVID-19 pandemic and Alberta 'will be there.'CanadaSep 15, 2020
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OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020sDeveloping countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday.CanadaSep 14, 2020
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BP to slash 10,000 jobs worldwide over COVID-19 impactsThe global energy industry has been hit hard by the pandemic as the widespread limits on business, travel and public life reduced the need for oil, gas and other fuels.WorldJun 8, 2020
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Exxon pipeline leak halts some production at Gulf of Mexico facility, Shell saysRoyal Dutch Shell jointly owns its Perdido Gulf of Mexico facility with BP and Chevron. Exxon Mobil did not immediately respond to a request for comment.WorldApr 13, 2020
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Canadian names among oil and gas shares to be dumped by Norway’s US$1 trillion fundNorway's US$1-trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies including some Canadian names, but stopped short of barring major producers like Suncor, ExxonMobil and Chevron.CanadaMar 8, 2019
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Photos: Dozens of children experience what it’s like to be an Edmonton OilerSixty-four lucky kids got to sign one-day contracts with the Edmonton Oilers Saturday.CanadaMar 2, 2019
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