LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil ...

BP chief exec Murray Auchincloss (pictured) is to be applauded. It takes courage to admit mistakes, and even greater courage ...

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 is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

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

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

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

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...