The Justice Department and five states on Monday announced a $20 billion final settlement of claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. BP has reached an $18.7 ...

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

Meanwhile, BP is refocusing its investments on oil and gas and increasing those capital expenditure allocations to about $10 billion per year. The company wants to grow production to between 2.3 ...

We recently published a list of 12 Best Oil Refinery Stocks To Invest In According to Analysts. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against other best ...

Feb. 26 (UPI) --BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.

Under Auchincloss’ predecessor, Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.

FILE - A sign at a BP petrol station in London, Feb. 7, 2023. British energy giant BP has confirmed it is to slash spending on green ventures and up its oil and gas production. (AP Photo/Kirsty ...