This latest scaleback comes as BP faces pressure from activist investor Elliott Management, which reportedly took a 5% share ...

World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

BP said it would increase oil-and-gas investment to about $10 billion a year. - Martin Meissner/Associated Press. LONDON—BP ...

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...

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

BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...

In a rare interview, the Elliott Management founder Paul Singer talked about the hedge fund's activism, market risks, and ...

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.

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

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

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