The energy major said that while upstream production is expected to rise quarter-on-quarter, lower oil and gas sales could ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Summary BP's strategic shift toward core hydrocarbon assets and Elliott Management's involvement have made investors more bullish, despite weaker-than-expected Q4 profitability.

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

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 ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

BP plc (BP), a leading UK-based energy company, has announced plans to sell its onshore wind business in the United States. This marks a strategic shift as the energy giant refocuses on its solar ...

Murray Auchincloss, BP’s chief executive, has vowed to shift the company’s focus. Its share price has lagged behind its industry peers for a long period. Callaghan O'Hare/Reuters ...

BP's Strategic Shift a Step in Right Direction, but Lowering Fair Value Estimate on Lower Oil Prices Allen Good Jun 18, 2025 Share ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...