BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.
BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...
BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.
BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...
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 ...
BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.