Meanwhile, Elliott Management is applying pressure for deeper changes, including a potential breakup of BP's operations. The big question now: Will BP's bet on oil and gas pay off, or is it just ...

BP plc BP, the UK-based energy major, has secured a $1 billion deal with Apollo-managed funds to divest a 25% non-controlling stake in BP Pipelines (TANAP), which holds BP’s 12% interest in the ...

BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...

BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

Gordon Birrell, BP's EVP of Production and Operations, said the company is 'busy developing the next wave of technologies'. In an upstream investor presentation, which was sent to Rigzone by the ...

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 ...

Meanwhile, UK supermajor BP is in the market for a supply and accommodation vessel to support its 2025 wells intervention ...

Over the past few months, we’ve been exploring how generative AI can transform trial preparation by analyzing complex litigation materials ...