BP has confirmed it will abandon its green renewable power ambitions by increasing its oil and gas investment to $10bn a year ...

Following a difficult trading year, BP is pivoting back to its more profitable oil and gas business. Read more at ...

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

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

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...

The FTSE 100 (^FTSE) and European stocks rallied on Wednesday with miners pacing the gains as copper prices jumped, and as traders awaited the latest earnings results from tech bellwether Nvidia (NVDA ...

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

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

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...