BP PLC (LSE:BP.) confirmed its "reset" strategy will involve ramping up oil and gas investment to $10 billion a year and making a $5 billion-a-year cut to renewables and other areas of the energy tran
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production.
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuel, as part of CEO Murray Auchincloss' efforts to boost returns and improve financi
As BP PLC (LSE:BP.) prepared for its capital markets day on Wednesday, campaigners took to the streets to pre-emptively accuse CEO Murray Auchincloss of a treacherous U-turn in abandoning its former
As Shell and BP merger rumors swirl, industry giants are consolidating to stay competitive. A new wave of oil mergers is changing the future of global energy.

BP: New Bullish Catalyst In Play

08:00am, Tuesday, 25'th Feb 2025
BP: New Bullish Catalyst In Play

BP reportedly set to scrap production cuts

02:52am, Tuesday, 25'th Feb 2025
BP PLC's (LSE:BP.) corporate strategy will be under intense scrutiny if, as foretold by the Financial Times, CEO Murray Auchincloss prepares to abandon oil and gas production cuts at the company's i
BP's Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy gener
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor co
The full-scale invasion of Ukraine by Russia on February 24, 2022, was the expansion of a war between the two countries that had begun in February 2014, when disguised Russian troops covertly invaded
BP PLC has emerged at the centre of activist pressure in several directions in recent days, leaving speculation over the likes of disposals or spin-offs. Citing reports that hedge fund Elliot Manageme
January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Div

BP: 5 Levers To Pull At The Investor Day

11:16pm, Tuesday, 18'th Feb 2025
We identify 5 levers which management should pull in order to improve BP's value and adress recent underperformance. Building partially on Shell's playbook, we believe key items to watch will be how m
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