BP’s chief executive wants to more than double the oil major’s market value to $200bn within five years, restoring the ...

The takeaway for Big Oil is that the energy transition is a marathon, not a sprint. BP CEO Murray Auchincloss on Wednesday ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

BP's (NYSE:BP) deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's ...

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

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

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

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

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.

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...