BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company ...
Downstream, it’s a tighter ship. BP’s refining and retail arm will zero in on “advantaged” markets, with a $3 billion investment cap by 2027 and a strategic review of Castrol on the table ...
It’s been almost 25 years since BP Plc. attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally ...
We recently compiled a list of the 10 Best LNG and LNG Shipping Stocks to Buy According to Analysts. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the ...
BP on Tuesday said it expects weak margins in its refining business will have hit its second quarter profits by up to $700 ...
BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.
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 ...
LONDON: BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. The British group's oil trading result is also ...
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