BP has revealed its biggest oil and gas field discovery in 25 years in a boost for the energy giant as it pivots back towards fossil fuels. It came as the FTSE 100 firm was due to unveil an update on ...

BP abandoned its renewable growth targets and will now prioritize increasing oil and gas output by 2030. A leadership reshuffle includes the appointment of Albert Manifold as chair and divestment from ...

BP reported underlying second-quarter net profit of $2.35 billion, comfortably beating analyst expectations. The results come as the British oil and gas company continues to try to rebuild investor ...

Embattled BP returned to profitability and beat earnings expectations for the first time since announcing its “fundamental reset” early this year, moving away from renewables and back toward fossil ...

BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...

BP pledged Tuesday to examine its portfolio and finances this year as the company works through a shift away from low-carbon energy projects and focuses further on oil and gas. In a second-quarter ...

For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...

BP Plc’s profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices, as the company’s turnaround plan builds momentum. The British energy ...