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

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...

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

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...

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

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 ...

BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy ...

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

bp will dramatically slash its investments in the energy transition and increase oil and gas investment and production ...

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

The fossil fuels giant said it would increase oil and gas investment by about 20 to £7.9 billion a year as part of a major strategy update.