Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...
bp is seeking to sell a 50% stake in its solar unit, Lightsource bp, to a strategic partner, aiming for cash and future ...
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
Shares of BP p.l.c. (NYSE:BP – Get Free Report) have received an average rating of “Moderate Buy” from the twenty analysts ...
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...
British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging ...
Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...
President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...
The agreement signed by BP to develop four oil fields in Iraq is anticipated to increase the country's production by 150,000 ...
BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...