BP has announced the approval of a £5 billion project to develop the Tiber oil field in the Gulf of Mexico, a resource previously considered too hazardous to exploit due
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BP is set to restart production at the Murlach oil and gas field in the North Sea, reversing a trend of declining output and industry retreat. The decision follows significant
BP is rolling out a fresh wave of cost-cutting measures, despite outperforming analyst profit forecasts, as it seeks to boost returns for shareholders and quell activist investor demands. The FTSE
BP has delivered its most significant oil and gas discovery in a quarter of a century, striking a potentially multibillion-barrel reserve off Brazil’s coast. The FTSE 100-listed energy giant confirmed
British energy giant BP has entered into a significant agreement with the Iraqi government to redevelop four substantial oil and gasfields in the northern region of Kirkuk. The landmark deal,
British oil giant BP has reaffirmed its commitment to operating more than 100,000 electric vehicle charge points globally by 2030, maintaining its course even as the company prepares to unveil
The activist investment powerhouse Elliott Management has accumulated a substantial £4 billion stake in British energy giant BP, advocating for a significant strategic shift that mirrors rival Shell’s recent transformation.
BP’s newly appointed chief executive Murray Auchincloss has announced plans to “fundamentally reset” the oil giant’s strategy amidst declining profits and mounting pressure from activist investor Elliott Management. The company
BP’s shares experienced a remarkable surge of more than 6 per cent on Monday, positioning the company at the pinnacle of the FTSE 100. This significant movement follows reports that
BP, a once-formidable giant of the oil industry, is in the midst of a dramatic downfall as analysts and investors question its strategy and long-term viability. The FTSE 100 company,
British energy giant BP and its partners have approved a substantial £7 billion gas project in Indonesia, marking a significant expansion of their liquefied natural gas (LNG) operations in the
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