The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in the country by the end of the decade.

Michelle Jou, CEO of bp Castrol, says that relying on air cooling for data centers is "unsustainable", and that she is confident that the transition towards immersion cooling technologies will happen as it is the most efficient solution when it comes to a server's thermal efficiency, safety, and life-cycle management.

BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries , Bloomberg News reported on Wednesday, citing people familiar with the matter.

BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO Auchincloss.

Lydia Rainforth, head of European energy, equity research at Barclays, discusses takeover speculation over a BP takeover and the valuation gap between European and U.S. oil majors.

Markets surged on positive trade deals and Middle East investments, but I see Fed policy lagging and Moody's downgrade as overblown—pullbacks are buying opportunities. My Dividend Harvesting Portfolio hit a record $27,641.59, with a 2.87% weekly gain and forward annualized dividend income now at $2,213.76. Consistent contributions and reinvestment have driven strong dividend growth, with 2025 income up 38% year-over-year and the dividend snowball effect accelerating.

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment plan to boost its share price.

Major media outlets announced this week that new intelligence suggests that Israel is preparing to strike nuclear facilities in Iran.

BP's shares surged on takeover speculation in May and the company submitted decent Q1 earnings last month, despite lower liquids realizations. BP generated fairly stable results in oil production in the first-quarter and continued to spend a lot of money on buybacks. The energy giant also has a long term capital framework that calls for capital returns equal to 30-40% of its operating cash flow.

BP awards Oceaneering a 3-year subsea deal at the GTA gas field, with options to extend as field operations begin in Q2 2025.