BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas ...

The company is in the midst of a strategic reset as it seeks to shore up its balance sheet amid declining profitability and ...

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be numbered. The world’s fifth-largest oil major, which traces its origins to ...

BP is taking the right steps to act like an oil company again, but more work is needed. Until investors see plans for volume growth, improved returns, and better capital allocation, they may continue ...

LONDON, Aug 5 (Reuters) - BP (BP.L), opens new tab will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, ...

Under pressure from an activist investor and a sagging share price, the chief executive officer of energy giant BP (LON: BP) has pledged to return his company to its roots in oil and gas and do “fewer ...

NEW ORLEANS — After insisting for months that a pair of costly relief wells were the only surefire way to kill the oil leak at the bottom of the Gulf of Mexico, BP officials said Monday they may be ...