Latest bp News & Updates

See the latest news and media coverage for bp. We track all announcements, press releases, and industry mentions in real time, all in one place.

bp

Global integrated energy company

bp.com

Headquarters: London, United Kingdom
Founded year: 1909
Company type: Public company
Number of employees: 75,000+

Last updated Today

Latest news about bp

In short: bp restructured its leadership under new CEO Meg O’Neill, simplifying operations into two core units while managing board turnover and labor disputes.

Company announcements

June 9 bp

bp simplifies organizational structure and announces leadership appointments

bp reorganizes into two segments Upstream and Downstream from July 1, 2026, with new executives appointed.

June 1 bp

bp announces first non-associated gas production at ACG field

The milestone marks the start of commercial gas operations at one of the world's largest oil fields in the Caspian Sea.

May 26 bp

bp removes Chair Albert Manifold over governance concerns

The board acted after serious concerns about standards and conduct. Ian Tyler appointed interim chair.

May 20 bp

bp signs three new Production Sharing Contracts in Indonesia

This brings their total oil and gas blocks in the country to 11, with two blocks near existing infrastructure.

Media coverage

Yesterday AD HOC NEWS

BP Faces Triple Squeeze: Restructuring, Oil Price Collapse, and Governance Probe Weigh on Shares

BP's new CEO Meg O'Neill confronts plunging oil prices from US-Iran détente, internal restructuring into Upstream/Downstream, $2.9B Shah Deniz investment, and a fraud probe.

June 16 AD HOC NEWS

BP plc Stock (GB0007980591): Q1 earnings and cash returns keep oil major in focus

BP plc remains on the radar of US retail investors after its Q1 2024 results, updated shareholder return plans, and ongoing strategic shift toward lower-carbon...

June 16 GuruFocus

BP Sees Potential Impact from Iran Oil Sales Deal

On June 16, 2026, recent reports indicate that the U.S. government has reached an agreement allowing Iran to commence immediate oil and fuel sales. This...

June 15 U.S. News & World Report

Energy Shares Fall as Iran Deal Lowers Hormuz Disruption Risk

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news...

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