Report: BP to drop renewable energy goals in favor of fossil fuels
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
BP chairman in firing line over green blunders as he prepares for make-or-break update
BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...
BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
BP Said to Plan Castrol Sale, Ditch Plan to Cut Oil Output (1)
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...
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BP's Strategy Reset: 5 Things to Watch
BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
BP to ditch renewables target
BP is expected to tell shareholders it will cut renewables targets and increase funding to oil and gas in order to boost shareholder returns. Read more.
Shell-BP Merger: A European Energy Titan in the Making?
As Shell and BP merger rumors swirl, industry giants are consolidating to stay competitive. A new wave of oil mergers is ...
BP: New Bullish Catalyst In Play
BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...
BP’s Strategy Reset: Five Things to Watch as Elliott Circles
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
BP to drop pledge to cut oil and gas output amid Elliott battle, FT reports
BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...