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

British petroleum presented one New and “radical” reorganization strategy of his activities and the reallocation of the ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which ...

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.

BP's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

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

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

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...