Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry.

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

Faisal Bhimani has become a familiar face for many at the gas stations off Howard and Clement. For over 20 years, you might ...

BP is looking at a possible sale of a minority stake in its offshore wind business, according to reports. The oil & gas major has engaged Bank of America to help identify partners for offshore wind, ...

BP Q3 revenue fell short at $47.25B, below the $52.56B consensus, with oil production down 6% YoY. Despite a slight earnings beat, BP shares dip premarket amid weaker cash flow, high capex, and ...

Wells Fargo analyst Roger Read has maintained their neutral stance on BP stock, giving a Hold rating on October 15. Roger Read has given his Hold rating due to a combination of factors surrounding ...

BP Plc raised the possibility that its share buybacks could slow next year from the $1.75 billion quarterly pace seen in 2024, as weaker oil prices push its debt higher. Shares fell. The British ...

LONDON, Oct 17 (Reuters) - BP (BP.L), opens new tab is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort ...

Analysts lower price target for BP after Q3 results show revenue miss and production decline. Focus on deleveraging over growth.

Cost Savings Target: Over $0.5 billion in 2025, aiming for at least $2 billion by 2026. BP PLC (NYSE:BP) reported a 3% increase in upstream production year-to-date, with liquids production up 5%.

Wells Fargo analyst Roger Read lowered the firm’s price target on BP (BP) to $33 from $35 and keeps an Equal Weight rating on the shares. The firm says BP’s valuation appears meaningfully ...

LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to ...