bp - Search News

BP announces boost in oil, gas production

The New York Times · 1h

BP to Focus More on Oil and Gas in Strategy ‘Reset’

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

Hosted on MSN · 10m

BP cuts renewable investment and boosts oil and gas in strategy shift

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor confidence.

UPI News on MSN · 2h

BP announces boost in oil, gas production after falling profits

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.

BP to cut renewable energy targets

BP boosts fossil fuel spending to $10 billion, sets $20 billion divestment target

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as part of CEO Murray Auchincloss' efforts to boost returns and improve financial performance.

Washington Examiner on MSN · 2d

BP to ditch renewable energy targets in effort to boost earnings

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. BP CEO Murray Auchincloss will tell investors at the company’s capital market day on Wednesday that it will ditch its target to grow renewable generation capacity 20-fold by 2030 and instead refocus on

GlobalData on MSN · 1d

BP to cut renewable energy targets and focus on fossil fuels

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.

1d

Iraq, BP agree to develop four Kirkuk fields

Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for ...

3hon MSN

How energy giant BP went from eco poster child to possible takeover target

For decades, BP—the U.K.-based oil and gas giant that is No. 25 on the Fortune Global 500—has tried to position itself as an ...

BP aims to drill 40 exploration wells in next three years

For ads that aren’t personalized, ad measurement, audience surveys, and service development we and our partners process ...

1h

'Initial completion' of Teesworks park and ride expected in August 2025

The committee’s agenda added: “The current programme anticipates the initial completion of the Park and Ride facility, ...

35mon MSN

Transition to renewables taking longer than thought, senior BP figure tells MPs

Transition to renewables taking longer than thought, senior BP figure tells MPs - Louise Kingham said ‘clarity’ from the UK ...

‘Misplaced optimism’: BP got it wrong over energy transition, says CEO

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

1d

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 ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results