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 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.

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 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 announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil and gas.

BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results.

BP embraces oil and gas, snubs renewables in corporate reset. By Shelby Webb, Carlos Anchondo | 02/27/2025 06:29 AM EST . The British petroleum giant laid out plans Wednesday to boost spending on ...

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 ...