BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...

Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...

BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay ...

Last year BP's net income fell to $8.9bn , down from $13.8bn the previous year. But shareholders focussed on sustainability said there would be push back against the new strategy Lindsey Stewart, ...

The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...

BP says its ambition remains to be a diversified oil company ... But the new strategy signals a return to the pursuit of short-term profit over long-term sustainability. The International Energy ...

British multinational oil and gas company BP's recent annoucement to cut renewables and ramp up fossil fuel spending has sparked ...

BP's announcement to invest in its core businesses ... This is all in service of sustainability, growing cash flow and return." The announcement comes on the heels of the United States moving ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned funding for renewables by more than $5bn (£3.9bn).

BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas ...