BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

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BP has reversed its green energy strategy, increasing oil and gas investments while cutting renewables spending, following ...

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.

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

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

The committee’s agenda added: “The current programme anticipates the initial completion of the Park and Ride facility, ...

The company will increase upstream spend to 75% of group capex (70% oil, 30% gas on average) as it simultaneously plans to become more selective with energy transition ...

Sky News's Paul Kelso explains why BP is instead investing more funding in greater fossil fuel production.