The energy major is continuing with a strategic reset, cutting costs and selling some assets in a bid to reduce its ...

The transaction forms part of the British oil major's $20 billion divestment plan aimed at cutting debt and boosting returns.

United Steel Workers union representatives said that some workers had already had their access cards deactivated.

The decision comes after Tuesday's meeting, where the refinery said the United Steelworkers Union, which represents 900 workers at the refinery, rejected the company's revised offer.

BP will lock out workers at its Whiting refinery amid ongoing contract negotiations starting Thursday. The company said talks ...

Hours before the deadline, both BP and the United Steelworkers 7-1 announced the union rejected the company’s “last, best and ...

BP received U.S. approval to advance its Kaskida project ​in the deepwater Gulf of Mexico, its first virgin field development ...

By Nicole Jao and Anmol Choubey NEW YORK, March 17 (Reuters) - BP will block around 800 workers from its 440,000 barrel-per-day Whiting, Indiana, refinery starting March 19, the British oil major said ...

BP said ​on ‌Thursday it would ​sell ​its Gelsenkirchen ⁠refinery ​to Klesch ​Group as it ​raised ​its cost reduction ‌target ⁠by around $1 billion ​to $6.5 ​to $7.5 ⁠billion by ​2027.

The planned lockout follows months of union negotiations at BP's largest refinery in the world, producing 440,000 barrels a day in Whiting, less than 20 miles from Chicago.