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

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

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

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

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

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...