LONDON (Reuters) - Trade tensions risk throwing the global economy's transition to greener energy into disarray and could hurt energy companies' preparations toward it, BP Chairman Helge Lund said as ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...

BP expects to book up to $5 billion in impairments for the fourth quarter, mostly related to its energy transition businesses, while oil trading was weak and gas trading averaged at the end of 2025.

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 Ventures is shutting down, ending a nearly 20 year run that was marked by reportedly lackluster returns.

BP’s retreat from AREH reveals how hesitation and lack of advocacy can cost oil majors their place in the energy transition. Unsplash+ In the spring of 2022, oil major BP announced that it would ...

BP expects stronger oil and gas prices, robust oil trading and higher refining margins to lift ‌second-quarter earnings, the British energy major said on Tuesday, extending gains from an energy price ...

BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...

BP has named former RWE Renewables chief executive Anja-Isabel Dotzenrath as the new head of its fast-growing renewables and low carbon energy unit, putting one of the biggest names in the green power ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. UK developer Lightsource BP, the renewable energy partner of supermajor BP, has closed a $250 million ...