BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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 ...

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

(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 ...

The energy giant will announce its strategy later after rivals also rowed back on green energy plans.

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

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

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