BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...

Louise Kingham said ‘clarity’ from the UK Government is needed to unlock investment in the North Sea as she reaffirmed BP’s ...

The White House and Ukraine struck a deal on strategic resources, a pact that speaks volumes about President Trump’s ...

The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, ...

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...

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 ...

For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the ...

BP has announced it will "reset" its ethos by being "selective" with investment for electric vehicle charging, as well as the ...

The company also revealed plans to increase investment in oil and gas by approximately 20% to $10bn (£7.9bn) annually as part ...