BP’s U.S. shares (BP) closed 1.7% lower on Wednesday after the company said it would raise its oil and gas production and reduce spending on energy transition. The British oil major said it would ...

BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy commitments. Auchincloss is under mounting pressure from BP investors, who ...

LONDON — British energy company BP confirmed Feb. 26 that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output. "Having ...

Jon Smith runs through top bank and broker forecasts for the BP share price and also adds in his own opinion to try and make ...

LONDON, Sept 14 (Reuters) - Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting ...