(Alliance News) - BP PLC Chief Executive Officer Murray Auchincloss aims to more than double the London-based oil major's market value to USD200 billion within five years, the Financial Times reported Thursday. Read More
(Alliance News) - Stocks in London closed higher on Wednesday, led by gains in financials, despite a drop in BP as a much-awaited strategy update underwhelmed. Read More
(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy". Read More
(Alliance News) - BP PLC is expected to scrap many of its environmental promises, slash spending on renewable energy and refocus on fossil fuel production at a landmark strategy summit on Wednesday. Read More
(Alliance News) - BP PLC on Tuesday said it has reached agreement with the Iraq government on the contractual terms for investment in "several giant oil fields" in near the city of Kirkuk in the north of the country. Read More
(Alliance News) - The FTSE 100 ended lower on Thursday, not helped by a weak start on Wall Street, hurt by a handful of its heavyweight names going ex-dividend. Read More
(Alliance News) - European blue-chips traded mixed on Thursday afternoon, with measures in Paris and Frankfurt rising, but that same positivity eluding the FTSE 100 in London. Read More
(Alliance News) - European stocks opened mixed on Thursday, with the FTSE 100 underperforming, as Russia-Ukraine uncertainty, tariff worries and the possibility of higher for longer interest rates cloud over stocks. Read More
(Alliance News) - Nearly 50 major investors in BP PLC have called on the oil firm to let them vote on potential plans to scrap its climate goals. Read More
(Alliance News) - BP PLC on Monday said it has started production from the second development phase of the Raven gas field offshore Egypt ahead of schedule, boosting gas output as part of its West Nile Delta project. Read More
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company. Read More
(Alliance News) - London's FTSE 100 opened lower on Thursday, with poorly-received earnings, ex-dividend stocks and its index composition meaning it underperformed continental peers which surged on Ukraine peace hope. Read More
(Alliance News) - European equities edged slightly higher on Wednesday afternoon, but trade lacked impetus as investors await a US inflation report. Read More
(Alliance News) - The FTSE 100 ebbed and flowed on Tuesday before closing near new all-time highs after as expected comments from Fed Chair Jerome Powell failed to knock markets. Read More
