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

Due to investor pressure, BP will cut investments in renewable energy and increase oil and gas production. BP will raise oil ...

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

It is important to keep prioritising pushes for net zero and reminding fossil fuel companies of their responsibilities.

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

The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.

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

BP Shuns Renewables In Return To Oil And Gas. February 27th, 2025 \| 01:40 AM \| 110 views. WORLD BUSINESS. BP has announced it will cut its r ...

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg ...

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

On more than one occasion since, though, BP has edged towards that early ambition by setting goals to shift from fossil fuels into producing the renewable energy the world will need if it is to ...

BP announced yesterday (26 February) that it will roll back its investments into renewable energy and will instead focus on ...