British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. Trump rolls back Biden-era rule, opens Alaska for drilling New ...
Wondering if BP is worth your attention right now? You are not alone, as many investors are re-evaluating its appeal in today ...
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 Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy ...
British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase oil ...
BP (NYSE:BP) said Thursday it will pull out of its role in a planned massive green hydrogen production facility in Australia, telling its partners in the Australian Renewable Energy Hub that it plans ...
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 ...
Those words are ancient history. At a shareholder meeting last month, BP’s new CEO, Murray Achincloss, sang a starkly different tune, promising to expand oil and gas investment by 20% and increase ...
New York-based Stonepeak is a significant investor in energy, digital infrastructure, and transport and logistics, with ...
Despite a recent bullish price run, BP shares’ dividend yield is forecast to hit 5.9% by 2027, which could provide a stream ...
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