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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 ...
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 ...
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
LONDON (Reuters) -BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told ...
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...
BP CEO Murray Auchincloss said the company’s strategic shift will focus on natural gas and “the time has come for the ...
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
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 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 ...
a London-based energy sector analyst at Frost & Sullivan, a research and consulting firm. “So if BP was forced into anything near a fire sale, then somebody acquiring it would do well.
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 ...
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