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LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

Nvidia suffered heavy losses last month following the launch of the DeepSeek chatbot app in the US. Kathleen Brooks, research ...

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 giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

For the quarter ended December 31, 2024, the SMA outperformed the Index on a gross-of-fees basis due to favorable stock ...

The company will increase upstream spend to 75% of group capex (70% oil, 30% gas on average) as it simultaneously plans to become more selective with energy transition ...

For the quarter, the Fund outperformed the Index on a NAV basis. Outperformance was mostly attributable to the outperformance ...