The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction.

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early ...

BP (NYSE:BP) may be forced to cut or even curtail its stock buyback programs over the next year unless oil prices recover, which would add more pressure on its already underperforming shares, at ...

BP now aims to grow oil and gas production to between 2.3 million and 2.5 million barrels of oil equivalent per day (boepd) in 2030. It pumped 2.36 million boepd in 2024.

Due to investor pressure, BP will cut investments in renewable energy and increase oil and gas production. BP will raise oil and gas spending by 20% to $10 billion annually while reducing ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

BP had planned to shrink oil and gas production in favor of net zero businesses. Skip to content. All Sections. Subscribe Now. 75°F. Monday, June 30th 2025 E-Edition. Home Page. News.

BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 billion. See more on BP stock here.

BP p.l.c. is one of the largest oil companies in the world, with a market cap of more than $80 billion. Find out what makes BP stock a good investment.

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...