A big shake-up has hit the world of climate action. Several major oil and gas companies have left a global expert group that ...

This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...

Global energy major BP has quit a clean energy megaproject in Western Australia’s Pilbara region, dealing a huge setback to Australia’s ambition of becoming a green hydrogen superpower after Fortescue ...

Executives at Shell are in early stage talks over a deal with BP, according to the WSJ, in a move that could create a £210bn energy giant ...

BP’s revenue fell short at $47.25 billion, ... This article BP Faces Price Forecast Cuts As Analysts Flag Weak Earnings And Rising Debt Challenges originally appeared on Benzinga.com ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase its ...

BP PLC reported Q2 FY24 results, with sales of $47.299B, hydrocarbon production of 899 mboe/d, and adjusted EBITDA of $9.64B. Dividend increased by 10% and share buybacks of $1.75B completed. FY24 ...

A sign at a BP petrol station in London, Feb. 7, 2023. British energy giant BP has confirmed it is to slash spending on green ventures and up its oil and gas production. Credit: AP/Kirsty Wigglesworth ...

BP’s revenue fell short at $47.25 billion, below the $52.56 billion consensus, with oil production down 6% year over year. For FY24, ...

LONDON – 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 ...