For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the company. BP's failure to do this has led to active speculation that BP ...

Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

Pam Danziger reports on retail, focused on the luxury consumer market. While everyone is watching the impact of massive government layoffs on the job market and ultimately the economy, retail ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

The new role at data firm ExpectAI is Mr Looney’s second since quitting BP in September 2023 after failing to disclose his past relationships with company colleagues. The Irish executive also took a ...

and many executives could be out of a job by summer. The company’s capital markets day on Feb. 26 is the most anticipated Big Oil strategy update since, well, BP’s last master plan in 2020.

(Photographer: Luke MacGregor/Bloomberg via Getty Images) The number of advertised jobs in retail has almost halved in the last year as companies continue to buckle down on costs. Job vacancies ...

An energy project that would have brought hundreds of jobs to Teesside has been cancelled. Energy giant BP had hoped to create more than 600 construction jobs and then around 100 permanent posts ...