Portugal’s national oil company Galp Energia (ELI:GALP) reported a significant discovery of light oil and gas condensate in its Mopane-3X well ... freezes for banks. BP Continues to Review ...

ExxonMobil and Woodside Energy have approved a $222 million project to drill new wells and increase natural gas production in ...

Tesla sales are sliding in another market. Elon Musk's automaker sold 1,592 vehicles in Australia last month, down from 5,665 in February 2024 — a 71% decline, per figures from the Electric ...

BP under pressure to boost returns from Elliott Investment Management Changes to be announced on capital markets day investor update BP's shares have underperformed rivals Feb 24 (Reuters) - BP's ...

BP (BP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the ...

(Reuters) - BP's (BP) chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday ...

BP is slashing its investment in energy transition activities and seeking a new partner for Lightsource BP, the renewables developer fully owned by the oil and gas giant. The change in strategy ...

Under Auchincloss’ predecessor, Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

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 ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase ...