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

BP's chief executive did something very unusual for the boss of an oil and gas company; he pledged to produce less oil and ...

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 ...

The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

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

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

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 ...

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