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

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

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

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

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

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

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

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

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.

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...