BP BP0.25%increase; green up pointing triangle said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that ...

BP warned it would take hit of up to $5bn related to its energy transition operations as the oil giant accelerates away from wind and renewables. “The UK-based supermajor said its fourth quarter ...

BP share price has pulled back in the past few weeks as investors have watched energy prices dip. The stock was trading at 427p, down by 10% from its highest point in November. So, will the stock ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Investors can expect a revival of speculation about a merger of global oil giants BP and ...

Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from ...

'We are still in the exploration phase for Bumerangue, however, initial results and analysis are extremely encouraging', said Gordon Birrell, BP's executive vice president for production and ...

BP BP2.41%increase; green up pointing triangle is pressing ahead with plans for its largest oil and gas discovery in 25 years after confirming that the site offshore Brazil holds a significant volume ...

Rotterdam project canceled: bp joins Shell in halting standalone biofuels projects in Europe amid market headwinds. Strategic capital shift: Focus turns to higher-return oil and gas operations after ...

The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.

BP’s disclosure of the Bumerangue discovery points to a potentially material find, though uncertainties remain regarding its size and commercial viability. That’s what Obo Idornigie, Welligence SVP, ...

BP chief executive Murray Auchincloss has hailed this year as the “best in a decade” for the UK supermajor's exploration business, following this week’s announcement of its largest discovery in 25 ...

BP p.l.c. (NYSE:BP) reported better-than-expected earnings for the second quarter of 2025, although revenue came in below Wall Street expectations. The energy company posted adjusted earnings of 90 ...