On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

BP says it will continue design work on its multi-billion-dollar local renewable energy project book, as the dust settles ...

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

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 ...

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.

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

Oil futures edged lower early Wednesday, maintaining a weak tone on concerns over the global economic outlook and the potential for a halt to Russia's war on Ukraine that could result in sanctions on ...

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

"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 ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on ...