U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, energy services firm Baker ...

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 ...

Under Auchincloss’ predecessor, Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.

Newly passed legislation will create an account for oil and gas operators to pool resources and meet bonding requirements, a ...

Europa Oil & Gas appointed Bo Kroll as non-executive chairman, replacing Brian O’Cathain, who is stepping down from the board after seven years of service. Northwest Natural Holding Company ...

BP (NYSE:BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair Helge Lund wants the board to reflect the company’s new strategy, after it ...

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 ...