The latest news from the BBC.
BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its aggressive shift away from fossil fuels over the past five years backfired.
Hi, welcome to the Bloomberg Deals newsletter. Today, we’re looking at the much anticipated turnaround plan from BP, which is under pressure from the world’s biggest activist investor. Also today, Blackstone wagers nations will continue to embrace cleaner forms of energy.
The latest news from the BBC. Read more. More episodes. Programme Website. Coming Up Next. now playing. BBC News. 11:00 Starmer goes to US, Ukraine's minerals, BP. The latest news
Iraq, BP agree to develop 4 Kirkuk fields
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Iraq, BP agree to develop four Kirkuk fields
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BP Finalizes Agreement With Iraq to Revive Kirkuk Oil Fields
BP Signs Major Oilfield Redevelopment Deal for Kirkuk Oilfields
BP plc BP, the British oil and gas giant, has inked an agreement with Iraq for the redevelopment of four oilfields in Kirkuk. This is a significant development for Iraq, given that its oil and gas output has been restrained for several years due to challenges like war,
Shohei Ohtani, Dodgers
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.
Marcus Stroman is ignoring his Yankees reality
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But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation among bankers that a rival could swoop in for parts—or t
FTSE 100 rallies amid broad gains for European stocks, helped by copper miners after the metal jumped following the US opening a probe into potential tariffs; BP shares reverse a
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