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 will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

Three people died and five were injured on Tuesday after a collapse at a highway construction site in the South Korean city of Cheonan, the Yonhap news agency reported.

Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by ...

BP CEO Murray Auchincloss plans to tell investors the company will withdraw from its renewable generation target.

Murray Auchincloss will announce BP is switching its focus back to fossil fuels amid mounting pressure from investors over ...

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

-- Oil-and-gas company BP will refocus on fossil fuels and scrap a target to raise renewable generation capacity 20-fold by 2030, Reuters reports citing unnamed sources. -- The change in direction is ...

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his efforts to ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP's CEO has made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of ...

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...