James Bourne

After 125 days at the helm of BP, CEO Meg O'Neill has reached the "unemotional" view that the company needs to drop the "supermajor" attachment and focus on being the best version of itself.

Harbour Energy raised its estimate of free cash flow in 2026 from $1.4 billion to $1.8 billion, citing strong oil and gas prices, while also announcing

Meg O'Neill has been BP's CEO for just over four months, and in that short time has traveled to many of the operator's overseas locations, met with staff and made some big decisions.

South Africa's top court, the Constitutional Court, on Friday overturned a Supreme Court of Appeal (SCA) order that could have led to offshore exploration in a permit operated by Shell.

The UK's upstream regulator wants oil companies to shut in, or decommission, many more depleted wells offshore the UK, and more rapidly.

With public consultation on the larger of two controversial UK offshore upstream developments closing on Monday, the country's Labour government is expected to approve at least one despite mounting opposition.

BP's and Shell's once-big ambitions to become highly diversified, one-stop-shop energy providers have firmly withered on the vine.