BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 ...

The hydrogen industry, which has relied on oil and gas companies both financially and through lobbying efforts, is preparing ...

World oil demand will amount to around 80-100 million barrels per day by 2035 in a net zero environment, chief U.S. economist ...

BP has pledged to invest "first and foremost in oil and gas" as it pursues new projects in the Middle East and lobbies for ...

Oil and gas majors TotalEnergies , BP , Shell and Equinor pledged on Friday to invest $500 million to increase access to ...

Yet BP’s existing oil and gas reserves in Azerbaijan equate to 2 billion barrels, according to Global Witness estimates, ...

BP plans to sell all of its 310 petrol stations in the Netherlands by the end of 2025. Investments required for growth in the ...

A rather unsubtle change is afoot at the world's two leading British oil and gas majors BP (LON: BP) and Shell (LON: SHEL) - ...

It is also pausing two biorefinery projects, one in Germany and one in the US. The biggest hit to the company's bottom line (at $1bn lost this quarter) has been oil, thanks to rising exploration costs ...

BP Plc plans to sell all of its road fuel stations and charging hubs for electric cars in the Netherlands, citing limited ...

The Pan American Energy Group, half-owned by British oil major BP Plc, is mulling an investment to make clean jet fuel at its refinery outside Buenos Aires, according to people familiar with the ...

A joint investigation from Channel 4 News and the Bureau of Investigative Journalism has found that the UK bank NatWest is continuing to lend to the oil and gas company BP, despite having led the way ...