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’s shift back to fossil fuels, a move that disappoints environmental campaigners, reflects growing market pressures and ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

BP’s U.S. shares (BP) closed 1.7% lower on Wednesday after the company said it would raise its oil and gas production and ...

LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil ...

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

HSBC has said banks need to stop penalising clients with large carbon footprints amid a wider backlash against green finance ...

BP has reversed its green energy strategy, increasing oil and gas investments while cutting renewables spending, following ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...