Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia's war against Ukraine that could lift sanctions on Moscow prompting prices to ...

BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.

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

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

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...

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

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.

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas ...

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

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

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

In one fell swoop, the National Environmental Policy Act was effectively neutered by Trump, but in this small Newark ...