Grupo Santander downgraded BP (BP) to Neutral from Outperform with a 460 GBp price target Light Up your Portfolio with Spark:Easily identify ...

It lowered that target to 25% in 2023. The BP company logo is seen outside a petrol station on September 23, 2021 in London, England. (Photo by Leon Neal/Getty Images) ((Photo by Leon Neal/Getty ...

Evercore ISI analyst Stephen Richardson maintained a Buy rating on BP (BP – Research Report) on February 28 and set a price target of $42.00. The company’s shares closed last Friday at $33.12.

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.

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The ...

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 ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of ...

Iraq and BP sign deal to redevelop Kirkuk oilfields Agreement includes drilling and infrastructure projects BP's remuneration linked to production increase DUBAI, Feb 25 (Reuters) - Iraq and oil ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but shares fell as the company sharply cut buybacks. In a highly anticipated ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP is increasing its investment in upstream oil and gas to $10 billion ...