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 ...

BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy ...

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

bp will dramatically slash its investments in the energy transition and increase oil and gas investment and production ...

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

The fossil fuels giant said it would increase oil and gas investment by about 20 to £7.9 billion a year as part of a major strategy update.

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...

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