BofA adjusts PT on BP p.l.c. (BP) to 400 GBp from 370 GBp – here’s why

BP p.l.c. (NYSE:BP) is one of the most undervalued energy stocks to buy now. On March 13, BofA adjusted the price target on BP p.l.c. (NYSE:BP) to 400 GBp from 370 GBp and maintained an Outperform ...
Fox Business

BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...
OilPrice.com

Activist Shareholders Challenge BP on Rejected Climate Resolution

Follow This and a coalition of institutional investors are threatening legal action after BP refused to include a shareholder ...
Crude Oil Prices

BP Hikes Oil and Gas Investment to $10 Billion a Year in Strategy Reset

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP is increasing its investment in upstream oil and gas to $10 billion per ...

Does BP’s $5.4 Billion Write-Down Signal the End of the Green Transition?

Big Oil’s renewable energy pivot was an expensive mistake. The British oil giant took a $5.4 billion write-down on its green energy portfolio in 2025, including $3.5 billion on solar developer ...

BP and Equinor sign framework agreement for Bay du Nord project

BP p.l.c. (NYSE:BP) is included among the 12 Best Large Cap Energy Stocks to Buy Now. BP p.l.c. (NYSE:BP) is a British multinational company recognized worldwide for quality gasoline, transport fuels, ...
Seeking Alpha

Shell is said to weigh BP takeover as energy sector pressures mount

Shell (NYSE:SHEL) is exploring the possibility of acquiring rival energy giant BP (NYSE:BP), though it hasn’t made a move and is waiting to see whether continued declines in oil prices and BP’s share ...
Houston Chronicle

BP shifts more to oil and gas production in a move to focus less on renewables

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...
JD Supra

FERC Grants BP Energy’s Complaint Appealing CAISO Meter Data Reporting Penalty

On February 27, 2025, FERC granted a complaint filed by BP Energy Retail Company California LLC (“BP Energy” or “Company”) under sections 206 and 306 of the Federal Power Act appealing a penalty the ...
Houston Chronicle

Report: BP to drop renewable energy goals in favor of fossil fuels

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The goal ...
Seeking Alpha

Shell And BP: Is This The Energy Sector's Big Breakout Or Just More Noise?

Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...