The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

BP has decided to reduce its investment in renewable energy and increase its spending on oil and gas to $10 billion annually, ...

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

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

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

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

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...