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

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

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

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

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

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

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 slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...