Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by ...

Investing.com -- Shares in BP PLC (LON:BP) jumped 4.5% in London on Wednesday after Elliott Investment Management raised its stake in the British oil and gas ... cash flow by more than 20% ...

West Texas Intermediate (WTI) crude futures increased more than 5% to close at $64.68 per barrel, but natural gas prices fell almost 8% to end at $3.249 per million British thermal units (MMBtu).

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...

The BP disaster is still the largest marine ... National lawmakers pushed for British Petroleum to be more financially liable. The eight Panhandle counties would see a settlement.

RBC analysts, meanwhile, expect BP to suspend all buybacks next year if oil falls to $60 a barrel. "Given its higher leverage position than peers, we’ve had more questions on what price BP can ...

the natural decline in production from more mature oil and gas project developments in their portfolio. So, to grow production, a company like BP must first boost production enough to offset that ...

which it believes dilute returns and distract from core oil and gas performance. BP’s current strategy, described by Auchincloss as a “fundamental reset,” aims to grow adjusted free cash flow by more ...