Short-term profits versus long-term climate risk: the competition becomes more intense for BP and other oil and gas companies ...

The agreement signed by BP to develop four oil fields in Iraq is anticipated to increase the country's production by 150,000 ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters. BP is ...

Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the ...

LONDON :BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters. BP is already working on stemming declining output at producing fields in ...

LONDON — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster ...

Chevron is not alone. In January, BP began cutting around 4700 employees, around 5% of its workforce, and 3000 contractors – again to reduce costs. BP’s profits have fallen behind competitors such as ...