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

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.

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief executive Murray Auchincloss promised the company is ripe for a “fundamental reset” ...

Today (Tuesday), the company reported a drop in profits on both a quarterly and a yearly comparison. In a call with analysts, BP's CEO Murray Auchincloss described the reported move by Elliot ...

Chief executive Murray Auchincloss inherited a difficult hand from his predecessor. Bernard Looney sought to respond to climate change by taking BP on a green journey, seeking a smooth transition ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund Elliott Management is pushing for change at the company.