BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP has announced it will slash its renewable energy investments to focus on increasing oil and gas production. As part of ...

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

For decades, BP—the U.K.-based oil and gas giant that is No. 25 on the Fortune Global 500—has tried to position itself as an ...

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

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider ...

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

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

BP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.