BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the ...

BP logo and a model of an oil derrick pump. BP has been a leader in the energy transition since 2020, when its goal was 40% renewables by 2030. This was reduced in 2023 to 25% renewables by 2030. The ...

BP suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending ...

An agreement has not been reached nearly one week after the union announced it was prepared for a strike or lockout at the Whiting refinery.

The oil and gas supermajor says it believes it has US government approval to develop the cross-border Manakin-Cocuina field ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...

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 ...

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...

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Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...