BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. The energy company announced a strategic shift, prioritizing fossil fuel projects over renewable energy ...

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company plans ...

BP is slashing its investment in energy transition activities and seeking a new partner for Lightsource BP, the renewables developer fully owned by the oil and gas giant. The change in strategy comes ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...

Shares in BP (BP) leaked today on reports that a key executive at rival Shell (SHEL) tried and failed to convince his colleagues to make a takeover bid for the ailing oil giant earlier this year.

April 3 (Reuters) - BP (BP.L), opens new tab is shutting its team looking into hydrogen and liquefied natural gas for transport, especially trucks, a BP spokesperson said on Thursday, a move which ...