Shares of BP p.l.c. (LON:BP – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat Ratings reports.

BP slashes green energy spending and turns back towards fossil fuels BP is making a drastic pullback from renewables in ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

Good afternoon and happy Wednesday, readers! We are starting off today’s newsletter with President Donald Trump announcing plans to cancel an oil deal with Venezuela made by his predecessor. Callie an ...

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which ...

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing ...

BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...

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

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

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.

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