BP's transition to a green, renewable business model has led to a significant decline in oil production and financial performance. The pivot back into oil will not succeed. BP's 2024 profits plummeted ...

Kneeling in prayer for a sin he doesn’t regret, Shakespeare’s Claudius, Hamlet’s fratricidal uncle, ruefully admits: “My words fly up, my thoughts remain below, / Words without thoughts never to ...

BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves into ...

European oil stocks, including BP, trade at lower multiples than American peers due to ESG diversification and market skepticism on non-oil operations. BP's recent performance suffers from negative ...

Oil companies Occidental Petroleum (OXY) and BP (BP) are both suffering today. BP stock is down about 4%, while OXY is down over 5%. One common thread seems to link these two to their mutual losses, ...

Today, BP’s name is synonomous with environmental devastation. But a year ago, before (and even slightly after) it’s oil rig exploded, sunk, and sent oil spewing into the Gulf of Mexico, BP was a good ...

Two years ago, BP Exploration and Production demonstrated its commitment to Wyoming's natural gas industry with a $2.2 billion, 15-year drilling program in south-central Wyoming, and began rebuilding ...

Though you wouldn’t know it from the words chosen by angry American politicians—who can’t stop talking about the company’s Englishness—BP’s name doesn’t actually stand for British Petroleum anymore.

For years, the company once known as British Petroleum vowed to move "beyond petroleum." Now, it's moving beyond British. By naming American Bob Dudley as the new CEO Tuesday, BP's board has shifted ...

Muscling BP executives to put $20 billion into a fund for victims of the Gulf oil disaster is an encouraging sign that President Barack Obama is moving up the steep learning curve on crisis management ...

After the Deepwater Horizon spill, talk of alternative energy has surged. Should we be working harder to get rid of oil dependence? Can we make drilling safer? And how will we do it? Finding answers ...