BP's transition to a green, renewable business model has led to a significant decline in oil production and financial performance. The pivot back into oil will not succeed. BP's 2024 profits plummeted ...
BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves into ...
Oil companies Occidental Petroleum (OXY) and BP (BP) are both suffering today. BP stock is down about 4%, while OXY is down over 5%. One common thread seems to link these two to their mutual losses, ...
Today, BP’s name is synonomous with environmental devastation. But a year ago, before (and even slightly after) it’s oil rig exploded, sunk, and sent oil spewing into the Gulf of Mexico, BP was a good ...
BP is raking in a huge amount of cash these days on oil, so it wants you to ignore all those lofty promises it made about the climate just a few years ago. On Tuesday, the company became the latest ...
European Oil & Gas companies are trading at incredibly attractive valuations -- even if investors adjust the companies' profitability according to a falling oil and energy prices. One name that I ...