BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP boosts fossil fuel spending to $10 billion, sets $20 billion divestment target
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...
BP takes the axe to investment in green energy in "shocking" strategy U-turn
BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...
gasworld1h
BP scales back energy transition spending as profits dip
BP is dramatically scaling back its energy transition plans, cutting investment in renewables while ramping up oil and gas ...
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
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BP's Bold Investment Shift: Doubling Down on Fossil Fuels
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...