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.

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas ...

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

The Saudi Arabia 2034 World Cup will set new levels of sustainability, say Dr Valentina Dedi, Lead Economic Advisor at KBR and football coach Armand Kavaja ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

Oil futures edged lower early Wednesday, maintaining a weak tone on concerns over the global economic outlook and the potential for a halt to Russia's war on Ukraine that could result in sanctions on ...

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

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables ...

President Donald Trump effectively ended the National Environmental Policy Act, but some activists are still fighting.