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 ...

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

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

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

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

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...

BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy ...

BP unveils anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy transition businesses by more than $5B from its previous forecast ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...