British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production ...
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 ...
Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...
A much anticipated presentation to investors gathered in London comes after BP earlier this month pledged to "fundamentally reset" following a 97-percent slump to its net profit in 2024.
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...