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BP to review oil and gas projects to boost profits
BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP slashed its planned investments in renewable energy projects and said it would spend billions of dollars more a year on its oil and gas operations in a bid to improve investor confidence.
BP makes its biggest oil and natural gas discovery in 25 years as it refocuses on fossil fuels
BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from renewable energy to refocus on fossil fuels.
The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...
BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.
BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...
Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...
BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.
BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to ...
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and ...
The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a ...
BP (NYSE:BP) +2.9% in Tuesday's trading after topping expectations for Q2 adjusted earnings and revenues, while continuing to ...
Palantir rose after earnings blew past Wall Street estimates, while shares of Vertex Pharmaceuticals and Hims & Hers ...
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