British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by ...

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

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

"There are so many things we can all do to live more lightly and in harmony with the earth," says Nancy Farron.

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

A tired debate is dominating UK politics – is green policy bad for economic growth? We’ve known for nearly a generation that ...

"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 ...

The strategy includes an action plan for affordable energy, amid energy prices the European Commission says are higher than ...

President Donald Trump has called for “a revolution of common sense.” Yet, at the same time, he’s moved to freeze funds ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...