BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

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

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

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas ...

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

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