LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment ...

BP said it would increase oil-and-gas investment to about $10 billion a year. - Martin Meissner/Associated Press. LONDON—BP said it would boost oil-and-gas production and sharpl ...

Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

BP expected to roll back green energy pledges to boost profit - The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost ...

He’s planning to spend 10 days on roadshows in London, meeting about a third of the firm’s shareholders. Auchincloss is also sending a team to meet investors in the US where about half of BP’s ...

LONDON (Reuters) -BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told ...

U.K. oil major BP said Wednesday it’s having a “fundamental reset,” having fallen far behind U.S. rivals Exxon and Chevron in investor returns over the past few years. Investors are skeptical. The ...

BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...

BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant will outline its strategy later following pressure ...

BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...

A spokesperson for one of the signatories, Royal London Asset Management, said: "As long-term shareholders, we recognise BP's past efforts toward energy transition but remain concerned about the ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...