BP CEO Murray Auchincloss told the Financial Times that he plans to more than double the oil major’s market value within five years.

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

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 ...

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 ...

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.

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

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