LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

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

BP has reversed its green energy strategy, increasing oil and gas investments while cutting renewables spending, following ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

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

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

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

BP is expected to confirm a significant shift in strategy that will see its cut its renewable energy investments and instead ...

Sky News's Paul Kelso explains why BP is instead investing more funding in greater fossil fuel production.

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

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