Among global oil and gas majors, BP has one of the strongest upstream presences in India, with its portfolio spanning exploration, deepwater development and production
Manifold's dismissal is the latest in a prolonged period of leadership upheaval at BP, which has included 3 CEOs in as many years, and raises fresh questions about company's internal processes
BP unexpectedly fired Manifold on Tuesday after eight months on the job, citing 'serious concerns' related to 'governance standards, oversight and conduct'
ONGC had onboarded BP as Technical Services Provider (TSP) for Mumbai High in February 2025 to boost production, while retaining ownership and operational control of the field
The D1 and D3 fields, India's first major deepwater gas project, were seen as key to bolstering the country's energy independence when first developed
The oil major to sell $20 billion worth of assets to help slash its net debt from $26 billion to between $14 billion and $18 billion by the end of 2027
Under her watch, Woodside doubled oil and gas output, leaned aggressively into seaborne LNG, and shelved lower-carbon projects that failed to clear commercial hurdles
BP has been under pressure from Elliott to improve its performance, after Auchincloss reset the company's strategy in February by promising to refocus on oil and gas
BP's annual energy outlook revises oil demand peak to 2030 at 103 mn bpd, citing India and emerging Asia as drivers even as renewables gain share in global energy mix
The vessel was supposed to load ultra low sulphur diesel on July 21 with the cargo bound for Africa
Shell's denial of BP takeover reports has triggered a UK rule barring it from making an offer for at least six months
BP is under intense pressure after years of under-performance and the intervention of aggressive activist shareholder Elliott Investment Management
Lund had backed BP's 2020 strategy under former CEO Bernard Looney to move away from oil and gas, including an ambition to cut its hydrocarbon output by 40 per cent this decade
London-listed BP is planning asset sales and partnerships as part of a broader plan to address investor concerns. The energy group wants to cut costs and improve its return on investments
The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, to between $1.5 billion and $2 billion per year
A sale of the business is one of the many options BP is considering to win back investor confidence after years of under performance
BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of his drive to boost returns amid investor concerns
With about 8.3 million people, New York City said the companies falsely portrayed themselves in ads and social media as climate change leaders despite minimal investments in clean energy
As Technical services provider, BP has promised to raise output by 60% at India's largest oilfield
The field reached a peak production level of 471,000 barrels per day of oil in March 1985, and its output had declined to about 134,000 bpd in April 2024, according to the tender document floated