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BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas expenditures to make the supermajor a more attractive investment proposition ...

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Trump’s move targets countries, including India, for high import taxes on US goods. India is consulting stakeholders and exploring trade deal options to minimize the impact. Experts warn that the ...

London, 6 March – In accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, BP p.l.c. announces that on March 6, 2025 it filed with the Securities and Exchange Commission ...

Former BP chief Bernard Looney has been named chairman of a climate-focused AI start-up, nearly 18 months on from a scandal which saw him leave the oil giant. The new role at data firm ExpectAI is Mr ...

BP is to slash its spending on energy transition businesses by $5 billion and boost oil and gas expenditures to $10 billion in an effort to make the supermajor a more attractive investment ...

LONDON – BP slashed planned investment in renewable energy and said on Feb 26 that it would increase annual oil and gas spending to US$10 billion (S$13.4 billion), in a major strategy shift ...

BP announced yesterday that it would reduce its renewable energy spending by US$5 billion a year. Image: Frédéric Paulussen via Unsplash. Oil and gas giant BP has announced plans to divest its ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to ...

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 ...