Cost Savings Target: Over $0.5 billion in 2025, aiming for at least $2 billion by 2026. BP PLC (NYSE:BP) reported a 3% increase in upstream production year-to-date, with liquids production up 5%.
BP has reversed its commitment to cut oil and gas production by 40% by 2030. The energy transition remains challenged by economic realities, prompting BP and other major oil companies to scale ...
RIO DE JANEIRO, Nov 22 (Reuters) - Brazilian state-run oil company Petrobras is in talks with Raizen (RAIZ4.SA), opens new tab, BP (BP.L), opens new tab and Inpasa for a possible joint venture in ...
BP (NYSE: BP) booked third-quarter earnings above analyst expectations, although the profit was lower from a year earlier and the second quarter amid weaker oil prices and low refining margins. BP ...
Lightsource bp expands bp's presence globally in the onshore renewable energy industry, with a 62GW development pipeline and operations spanning 19 global markets'. Image by jewhyte via iStock BP ...