BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and ...

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 is taking the right steps to act like an oil company again, but more work is needed. Until investors see plans for volume growth, improved returns, and better capital allocation, they may continue ...

BP Plc operates as an integrated oil and gas company providing carbon products and services. It operates through the following segments: Gas and Low Carbon Energy, Oil Production and Operations, and ...

Elliott Management, a U.S.-based activist hedge fund managing approximately $70 billion in assets, has reportedly acquired a stake in oil giant BP plc (NYSE:BP). Elliott is advocating for substantial ...

For years, Meg O’Neill clashed with environmentalists as chief executive of one of Australia’s biggest energy companies. Now she has been tapped to lead BP BP 1.45% and steer the company back to its ...

BP BP1.32%increase; green up pointing triangle said it has discovered oil at the U.S. Far South prospect in the Gulf of Mexico at a time when the British energy major is growing upstream production ...