The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing ...
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...
Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...
BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...