BP plans to eliminate $2 billion in costs by 2026. Reversing a prior position on renewables, the oil & gas company will cut ...

Eni and Petronas signed an MoU to establish a joint venture to oversee selected upstream assets in Indonesia and Malaysia.

Italy's Eni said on Thursday it would expand its low-carbon activities as part of its 2025-2028 strategy, creating a new ...

BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with most European integrated oil peers. Its latest guidance for ...

The oil giant BP has announced it’s cutting planned investments in clean energy and redirecting that spending toward fossil ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

Italian energy major said It intends to raise the 2025 dividend by 5% to 1.05 euros a share, and buy back 1.5 billion to up ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

Eni and Petronas have agreed to a joint venture to combine their upstream assets in Malaysia and Indonesia, focusing on gas development and LNG expansion.

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...