The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

“Oil and gas will be needed for decades to come.” He killed off a five-year-old strategy that had established BP as a leader ...

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

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

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...

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

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

Under pressure from investors, energy giant BP is increasing investments in oil and gas by $10 billion a year.

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 Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...