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

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor ...

BP is set to make a dramatic U-turn, scrapping its ambitious renewable energy goals and shifting its focus back to oil and ...

(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".

BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...