Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
Exclusive-BP seeks to sell 50% of solar unit to strategic partner, bids due in June, document shows
By Andres Gonzalez and Shadia Nasralla LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a ...
The Associated Press - Business News on MSN15d
BP to slash spending on net zero ventures as it focuses on oil and gas again
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...
Hosted on MSN16d
BP to up oil and gas output, slash clean energy spend in overhaul
BP will increase oil and gas investment to around $10 billion per year ... The head of the French giant spoke Tuesday at International Energy Week, an annual gathering in London of major players from ...
The New York Times16d
BP to Focus More on Oil and Gas in Strategy ‘Reset’
By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.
Upstream Online3d
Energy markets are in 'phase of addition', not transition, says BP
BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas ...
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy
BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...
ABC News16d
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...