Energy company also under pressure from worse oil trading performance and weaker oil prices ...

The company had been a leader among the oil majors in shifting business away from fossil fuels and toward renewables.

In an update ahead of earnings next month, the energy giant also flagged weak oil trading and flat production for the ...

BP Plc said it expects to book up to $5 billion in writedowns linked to its energy transition business, a move that signals a ...

BP has said it expects to write down between $4bn and $5bn of its green energy business. The move comes as the company refocuses on fossil fuels under its new leadership. The energy major said the ...

BP has put a multibillion dollar price tag on its retreat from parts of the energy transition, warning investors that its net ...

BP has acknowledged for the first time that its struggling green energy businesses are worth far less than previously thought ...

Energy giant BP on Wednesday said it expected to take an impairment charge of $4bn - $5bn in ‌the fourth quarter, mainly ...

Oil giant BP has struck a £4.4 billion deal, selling a 65 per cent stake in its motor oil division, Castrol, to New ...

CAMPAIGNERS accused BP of influencing science education in Britain, after it was revealed that the oil giant could influence the curriculum in a major teacher training programme.Documents obtained ...

BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...