After a change in direction, including a roll-back on some of its green pledges, our writer considers whether the time has come to consider buying BP shares. The post With a new strategy, could BP ...

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

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...

BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...

BP’s chief executive wants to more than double the oil major’s market value within five years to $200bn, the level it ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s chief executive wants to more than double the oil major’s market value within five years to $200bn ...

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 company is seeking to ...