BP boosts fossil fuel spending to $10 billion, sets $20 billion divestment target
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...
How energy giant BP went from eco poster child to possible takeover target
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
Report: BP to drop renewable energy goals in favor of fossil fuels
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
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Oxford Flow secures landmark $1m order from bp
UK-based Oxford Flow has secured an order worth nearly $1m from bp for its ES stemless axial flow valves, marking the company ...
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Hoylman-Sigal nabs congressional endorsements in BP race
Two of Manhattan’s three members of Congress are backing Brad Hoylman-Sigal against term-limited Council Member Keith Powers.
BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
Simon Jack: BP's job is to make money, not set climate policy
For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the ...
BP, Iraq sign deal to develop four Kirkuk oil fields - report
BP (NYSE:BP) and Iraq's government have signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency ...