The logo wasn't the problem – it was beautifully executed and innovative. The disconnect between symbol and substance became the issue. The 2010 Deepwater Horizon disaster created the ultimate brand ...

TD Cowen downgraded BP (BP) to Hold from Buy with a price target of $36, down from $40, following a transfer of coverage. The firm sees BP’s ...

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

Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...

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‘s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle ...

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 ...

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's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years. BP Plc’s “fundamental reset” on Wednesday is the most highly ...

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 ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

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 ...