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.
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 ...
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work
In a rare interview, Elliott Management founder Paul Singer talked about the hedge fund's activism process, market risks, and ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
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.
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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 ...
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
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Iraq deal 'one of most important' BP transactions in 20 years: Auchincloss
BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...
BP abandons green energy pivot amid investor pressure, returns focus to oil and gas
BP has reversed its green energy strategy, increasing oil and gas investments while cutting renewables spending, following ...
Global stocks rise as investors await Nvidia earnings after DeepSeek knock
Nvidia suffered heavy losses last month following the launch of the DeepSeek chatbot app in the US. Kathleen Brooks, research ...