LONDON — British energy company BP confirmed Feb. 26 that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...

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 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 has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

BP p.l.c. ‘s (NYSE:BP) bp Trinidad and Tobago (bpTT) disclosed on Thursday that it successfully commenced gas production from its Cypre development. The Cypre gas field lies 78 km off Trinidad’s ...

BP's Thunder Horse platform in the Gulf of Mexico is finally pumping oil and natural gas. BP spokesman Ronnie Chappell said Monday that Thunder Horse started pumping from a single well on Saturday, ...

Written by Bob Ciura on May 20th, 2017, for Sure Dividend. When most investors think of buying oil stocks, the U.S. majors like Exxon Mobil (XOM) and Chevron (CVX) typically come to mind. And while ...

Oil and gas company BP, the operator of the Olympic pipeline, announced that investigators have identified the source of a recent fuel leak near Everett, Washington, as a 20-inch pipeline segment.