BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on ...

BP is set to announce it would stop pursuing reductions in its crude oil and natural gas production in a bid to please its new major shareholder Elliott Management. The company had previously ...

As far as British oil giant BP is concerned, the catastrophic oil spill that tainted Louisiana’s shores more than a decade ago didn’t take place in the Gulf of Mexico. It took place in the ...

We recently published a list of 12 Best Oil Refinery Stocks To Invest In According to Analysts. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against other best ...

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday, said people familiar with the plan, as chief executive Murray ...

It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for the oil major to go net zero by 2050. Under that strategy, BP would ...

At its investor day in London, CEO Murray Auchincloss is expected to scrap BP's plan to boost renewable capacity 20-fold by 2030, shifting focus toward oil and gas. The company is also set to ...

Gift 5 articles to anyone you choose each month when you subscribe. London | BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day ...

(Bloomberg) — BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins and pledged to "fundamentally" reset its strategy. Despite this, the embattled energy ...

The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...