BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with most European integrated oil peers. Its latest guidance for ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...
BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
Chevron is not alone. In January, BP began cutting around 4700 employees, around 5% of its workforce, and 3000 contractors – ...
BP slashes green energy spending and turns back towards fossil fuels BP is making a drastic pullback from renewables in ...
On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...
BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.