The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

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

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 today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...

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

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...