The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...

BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

Kirkuk’s oil sector in February 2025, marking its third attempt to operate in the region amid ongoing geopolitical complexities.

The British ambassador to Baghdad said on Wednesday that BP will engage the Kurdistan Region regarding its controversial ...

BP hits pause on renewables in Australia but ramps up oil investment in Iraq--what this shift means for investors.