bp

BP plans to make a major investment in alternative energy sources, funding "radical research" at a new bioscience energy research lab. Outlining a ten-year program costing $500 million, BP chief executive Lord Browne said Wednesday that the company plans to site the lab at a major academic center ...

A quick thrash of the calculator shows that £1 per liter works out to a sky-high $6.88 per U.S. gallon. This prediction comes from someone who knows whereof he speaks - Lord Browne, CEO of British Petroleum (pictured at right). In an interview with the BBC, Lord Browne said that prices could ...

In what must be one of the most ill-timed product launches in history, British Petroleum has chosen a time of record pump prices to launch a new brand of ultra-premium fuel that retails for nearly $20 a gallon in the U.K. (that's about $16.32 per U.S. gallon).BP's new Ultimate 102 boasts an octane ...