British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...