BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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

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 ...

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

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 ...

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

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 ...