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 ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its commitment to renewable energy.Under pressure chief executive Murray ...

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

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

Bernard Looney, who has been quiet since he was sacked from BP in 2023, has been appointed chairman of ExpertAI, a tech firm ...

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 ...

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

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 ...

LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26), shelving its once industry-leading targets on reducing carbon ...