BP’s stock price target has edged higher, with recent analysis increasing its fair value estimate from $4.59 to $4.72 per share. Analysts point to a lower discount rate and rising confidence in BP's ...

This article first appeared on GuruFocus. BP Plc's (NYSE:BP) third-quarter results have injected a fresh dose of confidence into its turnaround story. The British energy major posted an adjusted net ...

JERA Nex BP is ending activities in the US after concluding there “is no viable path for development” of its Beacon Wind offshore project. The decision to shutter its American operations ends an ...

BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...

CHONGQING, CHINA - JULY 31: In this photo illustration, a smartphone displays the logo of BP plc (NYSE: BP), a British multinational oil and gas company, in front of a screen showing the company's ...

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil ...

BP employs about 4,000 people in the Houston area, more than any other location in its global footprint. While the company hasn't said exactly how many local jobs will be impacted, concerns are ...

BP joins majors betting on Brazil for major future output Santos basin find may be BP's biggest since 1999 Azeri discovery CO2 level could threaten viability, says Petrobras ex-CEO BP is seeking to ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

BP abandoned its renewable growth targets and will now prioritize increasing oil and gas output by 2030. A leadership reshuffle includes the appointment of Albert Manifold as chair and divestment from ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction. Shell formally ruled out a bid for BP in the ...

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...