BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

Supermajor sets out to please shareholders and stave off takeover threat as it drops iconic pledge to produce less oil by the ...

BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".