BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider ...

CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had ...

BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a ...

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost ...

BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.

BP is expected to announce a strategic shift back to oil and gas, abandoning its previous target to significantly expand ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...

Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...

One of Aker BP's largest oil exploration prospects this year has been drilled in the Norwegian Sea with a disappointing ...