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BP, oil and gas

BP to slash spending on net zero ventures as it focuses on oil and gas again

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging share price but has been met with incredulity from climate action campaigners.

Reuters · 10h

BP cuts renewable investment and boosts oil and gas in strategy shift

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor confidence.

The New York Times · 9h

BP to Focus More on Oil and Gas in Strategy ‘Reset’

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

Iraq, BP agree to develop 4 Kirkuk fields

Hosted on MSN · 5h

Kirkuk deal is BP’s 'most important' in 20 years, CEO Auchincloss says

BP's (NYSE:BP) deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most important transactions in 20 years, CEO Murray Auchincloss said Wednesday during the launch of its anticipated strategic reset.

Reuters · 1d

Iraq, BP agree to develop four Kirkuk fields

Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for Iraq, where output has been constrained by years of war, corruption and sectarian tensions.

Bloomberg L.P. · 1d

BP Finalizes Agreement With Iraq to Revive Kirkuk Oil Fields

BP Plc finalized an agreement with the government of Iraq to redevelop the giant Kirkuk oil fields, a deal that signals a return to the company’s Middle Eastern routes and should help to bolster production from the OPEC member.

Trinidad Express Newspapers22m

BP resets: focuses on growth, slashes green ventures

Energy company bp Trinidad and Tobago’s says its business strategy is aligned with British parent BP’s focus on growing upstream business.

14hon MSN

Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

Jakarta Globe5d

BP Haji to Fully Organize Hajj Pilgrimage in 2026

Jakarta. The Indonesian Hajj Organizing Agency (BP Haji) is set to begin fully organizing the major Islamic pilgrimage in 2026, according to its deputy Dahnil Anzar Simanjuntak.

Antara News6d

Agrarian reform key to Indonesia's industrial progress: BP Taskin

The Indonesian government must prioritize its agrarian reform efforts, according to the Poverty Alleviation Acceleration ...

Hosted on MSN4h

BP Drops ‘Reset’ Bombshell: Oil Surge, Cost Cuts, And A Leaner Green Dream

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

Dodgers star Shohei Ohtani tests shoulder in live BP

In seven seasons as a hitter, Ohtani has a .282 batting average with a .945 OPS, 225 home runs and 567 RBIs in 860 games. As ...

Trinidad Express Newspapers2d

Danielle Jones-Hunte appointed VP at BP Middle East and North Africa

Hunte, has been appointed vice president of Communications and External Affairs (C&EA) for energy giant BP’s Middle East and ...

12hon MSN

BP shareholders want it to make money, not climate policy

It was more than 20 years ago that the then boss of BP reframed those famous initials as "Beyond Petroleum". It was the first ...

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BP, oil and gas

Iraq, BP agree to develop 4 Kirkuk fields

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