Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. BP CEO Murray Auchincloss will tell investors at the company’s ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...

Morgan Stanley raised the firm’s price target on BP (BP) to 450 GBp from 424 GBp and keeps an Equal Weight rating on the shares.Discover the ...

BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report. CEO Murray ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production ...

First, we got the news that the company was the target of activist ... out to be unprofitable. The market has thus started to increasingly dislike the approach of BP and Shell in recent years ...

The company plans to cut capital expenditures, target mid-teen ROI ... I continue to rate BP a Hold and would wait for a drop in crude prices or general market weakness before adding.

Morgan Stanley raised the firm’s price target on BP (BP) to 424 GBp from 407 GBp ... on TheFly – the ultimate source for real-time, market-moving breaking financial news.

has stoked market speculation that BP may move its share listing to New York from London, or even make it a takeover target. The influential U.S. hedge fund Elliott Management recently took a ...