Forbes

Is BP Reshaping Its Energy Transition Business Priorities?

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Following his predecessor Bernard Looney's sudden departure last ...
Yahoo

Oil giant BP stuns energy industry with decision to axe 18 major projects: 'Continuing to prioritize businesses that deliver earnings today'

Following low profits for Q3 2024, oil giant BP has divested investments from 18 of its early-stage hydrogen projects, as TechCrunch reported. Despite the gas' versatility and clean-energy potential, ...
Seeking Alpha

Exxon Vs. BP: Navigating The Green Energy Transition

BP and Exxon have adopted contrasting approaches to renewable energy, with BP investing heavily in the sector while Exxon remains more focused on its core business. While the sustainable energy ...

BP appoints Meg O’Neill as the first female CEO

BP p.l.c. (NYSE:BP) is included among the 12 Best Crude Oil Stocks to Buy for Dividends. BP p.l.c. (NYSE:BP) is a British ...
Forbes

Renewable Energy Pullback By BP Continues To Gather Pace

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. The pullback by energy giant BP from renewables and a renewed ...

BP p.l.c.: Castrol Sale And Implications

BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells ...
Houston Public Media

BP to sell Houston-based onshore wind business as oil production grows

British oil and gas company BP announced Monday that it would soon be selling its onshore wind business, BP Wind Energy, as the company shifts to focus on its other renewable interests. "BP Wind ...
The Business Journals

BP CEO: How Houston biogas co. Archaea Energy fits in energy transition plans

BP expects biogas to be a significant part of its energy transition portfolio by 2030, thanks in large part to a $4 billion acquisition of a Houston-based company. BP PLC (NYSE: BP) expects biogas to ...
Houston Chronicle

BP shifts more to oil and gas production in a move to focus less on renewables

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...

BP taps Woodside's Meg O'Neill as CEO after abrupt Auchincloss exit

Oil and gas major BP has tapped Woodside Energy's Meg O'Neill as its next CEO, its first external hire for the post in over a century and the first woman to lead a top-five oil major as the firm ...
CNN

BP announces $2.5 billion share buyback after profit soars

BP’s profit more than doubled in the third quarter of the year, extending a bumper run of earnings for the world’s biggest oil and gas companies that will add to growing calls in Britain and the ...