LONDON (Reuters) - Trade tensions risk throwing the global economy's transition to greener energy into disarray and could hurt energy companies' preparations toward it, BP Chairman Helge Lund said as ...

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 company is seeking to boost ...

BP’s attempt to accelerate into the energy transition while scaling down its oil and gas business was today described by the company’s own chief executive as “misplaced optimism” and “too much, too ...

BP (NYSE: BP) just confirmed what many already suspected: Big Oil's renewable energy pivot was an expensive mistake. The British oil giant took a $5.4 billion write-down on its green energy portfolio ...

LONDON - BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas output and reduce carbon ...

BP p.l.c. (NYSE: BP) has warned of a weaker earnings backdrop in the fourth quarter of 2025, driven by softer oil and gas realizations, weak trading performance, and significant transition-related ...

BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas expenditures to make the supermajor a more attractive investment proposition ...

BP has signed a production sharing agreement covering six oil and gas exploration blocks in Uzbekistan. The deal marks BP's ...

BP may abandon a pledge to reduce oil production levels by 25 percent by 2030 - Copyright AFP/File Stefani Reynolds BP may abandon a pledge to reduce oil production ...