BP walks back on renewable investment, to scale up fossil fuel production
BP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 ...
BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
BP cuts investment in clean energy and boosts oil and gas in major strategy shift
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’s Reset Finds Lukewarm Response as Shares Erase Elliott Gains
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
How energy giant BP went from eco poster child to possible takeover target
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
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BP to unveil strategy shakeup amid energy transition
British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...
BP expected to scrap renewables targets as part of performance reset
Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...
BP: New Bullish Catalyst In Play
BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...