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

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.

At the end of the week, we get the latest core PCE reading at a delicate time for the US economy, with economic data surprising on the downside and consumer confidence slumping. Later this morning we ...

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Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving ...

Aston Martin Lagonda and shopping centre owner Hammerson are among the companies reporting today. Meanwhile, Heathrow has ...

Among the big, bad oil companies in borstal for environmental offenses, BP has long been the relatively benign one, the class ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor ...

BP is set to make a dramatic U-turn, scrapping its ambitious renewable energy goals and shifting its focus back to oil and ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...