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 ...

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, ...

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

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

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

Followers of the drama expect Elliott will hold accountable the BP board members and executives most associated with its 2020 ...

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 ...

BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following pressure ...

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 ...

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 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 ...

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