BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn ...

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had ...