BP stock remains in focus as operational activity, restructuring steps, and exploration developments shape its momentum ...

A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset. Chief executive Murray Auchincloss has promised a new direction in a ...

BP is reducing total annual capital spending as part of its strategic reset, with greater amounts going to oil and gas and less to low carbon. Divestments of $20 billion will fund debt reduction.