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

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

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

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 ...

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

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

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...