BP abandoned its renewable growth targets and will now prioritize increasing oil and gas output by 2030. A leadership reshuffle includes the appointment of Albert Manifold as chair and divestment from ...

C-store business is reshaping its retail network as part of a global push to focus on its most profitable locations, while ...

BP pledged Tuesday to examine its portfolio and finances this year as the company works through a shift away from low-carbon energy projects and focuses further on oil and gas. In a second-quarter ...

UK-headquartered oil and gas giant BP (BP.L) maintained the pace of its quarterly buybacks with a new $750 million share repurchase program as it delivered a higher profit in the third quarter. "We've ...

Embattled BP returned to profitability and beat earnings expectations for the first time since announcing its “fundamental reset” early this year, moving away from renewables and back toward fossil ...

British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and ...

BP CEO Murray Auchincloss says the energy giant has "great momentum" after reporting third-quarter profit that exceeded expectations as higher crude and gas production outweighed a weak performance ...

The oil giant reported third quarter underlying replacement cost profits of 2.21 billion US dollars (£1.68 billion), down 3% ...

Pressure on boss Murray Auchincloss to deliver returns to investors may finally be easing after a recovery in the share price and an epoch-changing oil discovery in Brazil.

BP Plc’s profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...

LONDON (Reuters) -BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, ...