BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

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

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

BP unveils anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy ...

Speaking at the G-20 meeting of finance ministers and central bank governors in Cape Town, Reeves said trade and investment ...

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...

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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 today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas ...