The company unveiled its previous strategy in 2020, which included a pledge to cut oil and gas production by 40% by 2030, widely seen as the sector's most ambitious target. This was later scaled ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered energy giant also ...

BP has halted 18 potential ... with the world’s six largest oil majors collectively developing 43 biofuel projects. - Whilst majors tentatively eye opportunities in biodiesel or bioethanol ...

BP's Claire oilfield is one of a handful of giant fields in the UK North Sea whose development hangs on the outcome of ...

At the start of next week, those following oil and gas firms ... Looney announced a major pivot away from hydrocarbons in ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

BP’s shareholders can expect a multibillion ... further investment in offshore wind while driving forward plans for major oil projects. Auchincloss told the Guardian that BP is committed to ...

BP (NYSE:BP) is scaling back its energy transition strategy and will drop its ambitious target of cutting oil and gas production by 2030, with plans to raise its output instead, sources with ...