Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP (BP) closed the latest trading day at $32.20, indicating a +0.69% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.49%. Meanwhile, the ...
BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...
By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...