CEO Murray Auchincloss confirmed that 10 major oil and gas projects would be created by 2027, followed by a further eight to 10 projects by the end of the decade. Wednesday’s announcement comes after ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

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

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy - BP previously ...

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

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

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 ...