UK energy company BP has signed an agreement with the Iraqi government to invest in several giant oilfields in Kirkuk, in a ...

BP is expected to tell shareholders it will cut renewables targets and increase funding to oil and gas in order to boost shareholder returns. Read more.

Iraq and BP have signed an agreement to rejuvenate four oil and gas fields in Kirkuk. This development represents significant ...

Iraq and oil major BP signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported on Tuesday ...

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...

The pound held just shy of a two-month high against the dollar on Tuesday, and was little changed against the euro in fairly calm trading as markets looked to remarks from the Bank of England's chief ...

BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.

Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by ...

Murray Auchincloss will announce BP is switching its focus back to fossil fuels amid mounting pressure from investors over ...

BP CEO Murray Auchincloss plans to tell investors the company will withdraw from its renewable generation target.

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...

-- Oil-and-gas company BP will refocus on fossil fuels and scrap a target to raise renewable generation capacity 20-fold by 2030, Reuters reports citing unnamed sources. -- The change in direction is ...