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's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

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

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

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

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