The outlook suggests that while the transition to cleaner energy sources is underway, the journey will be gradual, with oil remaining a crucial component of the energy mix. Per BP, the future ...

BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs. According to Bloomberg and Reuters and CNBC, which each cited a memo ...

These insights into downstream growth engines have provided analysts with a more positive outlook on BP's future prospects in this area. Additionally, BP's shale business, known as BPX ...

The future role of natural gas within the global energy mix was one of the main unknowns that transpired from BP’s Energy Outlook report for 2023. “The broad direction of travel is clear ...

BP, which compared to its U.S.-based competitors ... “I don’t see a near-term future where we don’t have a fuel supply that complements electric vehicles and provides customers choice ...

Despite these challenges, BP has been actively working to reposition itself for future growth. The company has placed a strong emphasis on returns and has been diligently identifying new growth ...

The future of oil consumption diverges significantly ... Natural gas presents a mixed outlook in BP’s projections. Under the Current Trajectory, gas demand is expected to grow by about 20% ...

These insights into downstream growth engines have provided analysts with a more positive outlook on BP's future prospects in this area. Additionally, BP's shale business, known as BPX, has been ...

The outlook suggests that while the transition to cleaner energy sources is underway, the journey will be gradual, with oil remaining a crucial component of the energy mix. Per BP, the future energy ...