BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

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

DUBAI (Reuters) -Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a ...

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 ...

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

A quarter of a century after it grandly proclaimed that it was going “Beyond Petroleum”, BP is going back to the stuff you ...

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...

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 UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...