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.

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BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a significant shift away from its previous climate commitments. The company also ...

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 ...

Five years ago, BP's chief executive did something very unusual for the boss of an oil and gas company - he pledged to produce less oil and gas. Standing in front of the slogan "reimagine ...

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 has announced it will "reset" its ethos by being "selective" with investment for electric vehicle charging, as well as the rollout of biogas and biofuels. The British fossil fuel giant announced it ...

BP has released what it calls its reset, with a renewed focus on oil and gas, reallocated capital and more cost cutting. All of this is aimed at driving shareholder returns in the long term.

bp is carrying out a strategic review of its Castrol business with the intention of accelerating Castrol’s next phase of value delivery. Castrol is a leading and trusted global lubricants brand, ...

The chief executive of BP has admitted the company “went too far, too fast” in its shift to net zero, adding a decision to cut spending on oil and gas was “misplaced”. As part of an update ...

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 ...

A potentially momentous chapter in the history of UK oil and gas supermajor BP could be written this week. As investors arrive in London, or tune in online, for BP’s capital markets day on ...