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

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

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

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

“Pumping money into more oil and gas increases the risk of climate impacts for us all, flies in the face of legal climate targets, and with the renewables sector growing exponentially is a big risk to ...

BP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 ...

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

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

BP plans to raise oil and gas spending to $10billion a year and cut its renewable energy investments. We hear from Nick Butler, BP's former head of strategy. In Hong Kong, the city's budget has been ...

BP’s shift back to fossil fuels, a move that disappoints environmental campaigners, reflects growing market pressures and ...