When unveiled in 2020, BP's strategy was the sector's most ambitious with a pledge to cut output by 40% while rapidly growing ...

Murray Auchincloss is resetting BP's energy transition strategy, instead looking to boost its oil and gas output through new investments in the Middle East and the Gulf of Mexico. BP announced a ...

BP has handed a contract to TechnipFMC for a subsea production system for Kaskida, the UK supermajor’s high-pressure development in the US Gulf of Mexico that it sanctioned earlier this year.

BP has approved investments in oil, with its upcoming Kaskida project in the U.S. Gulf of Mexico set to begin production in 2029. This marks BP's sixth production hub in the region, capable of ...

Sources told Reuters that BP is considering investments in the Middle East as well as the Gulf of Mexico to increase oil and gas production. Specifically, the company is looking into three ...

LONDON, Oct 7 (Reuters) - BP (BP.L), opens new tab has abandoned ... new investments in the Middle East and the Gulf of Mexico to boost its oil and gas output, the sources said.

BP BP-N has abandoned a target to cut oil ... several new investments in the Middle East and the Gulf of Mexico to boost its oil and gas output, the sources said. Mr. Auchincloss took the helm ...

BP (NYSE:BP) is scaling back its energy transition strategy and will drop its ambitious target of cutting oil and gas production by 2030, with plans to raise its output instead, sources with ...

BP has reportedly ... in the Middle East and the Gulf of Mexico to boost output. It marks a further withdrawal from green energy after BP reduced its pledge to cut oil and gas production from ...

The London-listed company is now targeting several new investments in the Middle East and the Gulf of Mexico to boost its oil and gas output, the sources said. Auchincloss took the helm in January but ...