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

World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...