BP has revealed its biggest oil and gas field discovery in 25 years in a boost for the energy giant as it pivots back towards fossil fuels. It came as the FTSE 100 firm was due to unveil an update on ...
BP Plc (BP) stock was in the spotlight on Tuesday after CEO Murray Auchincloss highlighted the company’s strong performance in recent projects and announced a major discovery in Brazil. The renewed ...
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 ...
BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...
BP reported second quarter underlying replacement cost profit of $2.35 billion, significantly exceeding analyst expectations of $1.81 billion compiled by LSEG. The strong performance represents a ...
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, ...
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 ...
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 ...