BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with knowledge of ...

Corteva ( CTVA) and BP ( BP) on Wednesday said they formed a 50:50 joint venture, Etlas, aimed at producing crop-based oils ...

CINCINNATI — Amazon is rolling out a new promotion for Prime members, days before the start of its 2025 summer Prime Day sale. The retail giant is teaming up with BP and Amoco stations to offer ...

BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy plans. BP officials announced a “fundamental reset” Wednesday for the ...

LONDON — British energy company BP confirmed Feb. 26 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 ...

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 ...

British oil major BP is cutting 5 percent of its workforce. The job reductions are part of a cost-cutting plan that began in October 2024. The job cuts align with a renewed emphasis on bolstering BP’s ...

Despite a 14% decline in its stock price this year, bringing it to approximately $29 per share, we believe BP plc stock (NYSE: BP) has the potential for long-term growth. Although the ongoing ...

India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the ...