Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

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

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...

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

BP shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.

At the end of the week, we get the latest core PCE reading at a delicate time for the US economy, with economic data surprising on the downside and consumer confidence slumping. Later this morning we ...

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

bp today introduced a fundamentally reset strategy, with significant capital reallocation, and plans to drive improved ...

Aston Martin Lagonda and shopping centre owner Hammerson are among the companies reporting today. Meanwhile, Heathrow has ...

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

The fossil fuels giant said it still hopes to become a net-zero company but will only spend up to two billion dollars (£1.6 ...