BP (BP) is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future investments, with bids due in June, the energy major said in a sales ...

Evercore ISI analyst Stephen Richardson maintained a Buy rating on BP (BP – Research Report) on February 28 and set a price target of $42.00. The company’s shares closed last Friday at $33.12.

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The ...

El gigante británico BP ha anunciado un giro radical en su estrategia corporativa: del compromiso verde a los combustibles fósiles otra vez. En corto. Un año después de ser nombrado CEO de BP ...

LONDON — 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 ...

BP will abandon its pledge to increase renewable energy generation by 2030 when it presents its strategy to investors on Wednesday. CEO Murray Auchincloss will rescind the firm’s aim to boost ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but shares fell as the company sharply cut buybacks. In a highly anticipated ...

BP is expected to announce this week that it is shifting its focus back to oil and gas, ditching a target to boost renewable energy capacity generation 20-fold by 2030, sources familiar with the ...

Iraq and BP sign deal to redevelop Kirkuk oilfields Agreement includes drilling and infrastructure projects BP's remuneration linked to production increase DUBAI, Feb 25 (Reuters) - Iraq and oil ...

BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...