The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

BP and Japanese power generator JERA have agreed to join forces to form one of the world's largest offshore wind operators, a major step in CEO Murray Auchincloss' efforts to reduce BP's focus on ...

British oil company British Petroleum (BP) and Japan's largest power firm JERA have created an equally owned joint venture to create one of the world's biggest global offshore wind businesses.

BP has agreed to spin off its its offshore-wind into a newly formed joint venture with Japan’s JERA.

BP and JERA are forming a joint venture, JERA Nex bp, led by CEO Nathalie Oosterlinck. The entity will fast-track offshore wind development.

BP is considering selling a minority stake in its offshore wind business, as CEO trims focus on renewables.

'JERA Nex BP will enter the market with a world-class leadership team' said William Lin, executive vice president for gas and low carbon energy at BP.

British oil and gas multinational BP Plc has announced plans to sell its onshore wind business in the U.S., saying the business is not aligned with its growth plans ...

BP BP -1.21% will merge its offshore wind-energy business with that of Japanese power-utility JERA to create a combined standalone company, in line with the British energy company’s strategy to ...

BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the ...

LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to ...