The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a ...

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

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

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

President Donald Trump pledged a U-turn away from the Biden administration's commitment to fighting climate change and ...

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

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

Now Auchincloss is doing the reverse: looking to increase investments in fossil fuels by 20 per cent to £8billion by 2027 ...

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

Geothermal power in Africa is currently dominated by Kenya, which to date is the seventh largest producer of geothermal power. Kenya’s estimated geothermal power potential is roughly 10 GW, but ...

The strategy includes an action plan for affordable energy, amid energy prices the European Commission says are higher than ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...