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 ...

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

On more than one occasion since, though, BP has edged towards that early ambition by setting goals to shift from fossil fuels into producing the renewable energy the world will need if it is to ...

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).

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 ...