Elliott Management showing little sign of being satisfied with 'fundamental reset' delivered by BP CEO Auchincloss, it is ...

BP plans to eliminate $2 billion in costs by 2026. Reversing a prior position on renewables, the oil & gas company will cut ...

BRITISH energy giant bp is slashing its investment in renewables in favour of priortising its oil and gas business, aligning ...

The oil major's retreat is complete, but it may come to regret not sticking to a road taken by other energy giants, writes ...

On Lightsource bp, the solar and battery developer bp took full ownership of in November 2023, and which owns multiple projects in Australia, the outlook also remains relatively upbeat, albeit with ...

BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with most European integrated oil peers. Its latest guidance for ...

BP has announced a strategic shift to boost oil and gas production, reducing investments in renewable energy by $5bn ...

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

BP has confirmed it will abandon its green renewable power ambitions by increasing its oil and gas investment to $10bn a year ...

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...