BP slashes green energy spending and turns back towards fossil fuels - The move follows pressure from some investors to boost ...

"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 ...

Despite presiding over a major cut-down of Amazon deforestation, Brazil's left-wing president has raised environmentalists' ...

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 ...