Campaigners from climate groups including Fossil Free London and Weald Action Group staged a protest outside BP’s London HQ yesterday evening (26 February) over the firm’s decision to roll back its ...
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 goal ...
UK-based BP’s planned investment in developing several giant oil fields in Kirkuk could be worth as much as $25bn, including ...
The energy giant’s decision to slash renewables funding by nearly £4bn is an unwelcome development but it’s hardly surprising when our leaders are talking up flying and denigrating climate protesters, ...
By the end of 2025 against the 2019 baseline, bp’s interim target is a 20% reduction in Scope 1 and 2 operational ...
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions.
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...
Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...
Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...
(Bloomberg) -- BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people ...
CLIMATE activists gathered outside BP’s London HQ in St James’s Square on Wednesday evening to protest the oil giant’s ditching of green commitments and expansion of oil and gas. Protesters held a ...
Ever since John Browne vowed to turn BP green some 25 years ago, the British oil giant has experienced a series of embarrassing mishaps. That includes major safety lapses, such as a massive oil ...