In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil ...

BP is set to make a dramatic U-turn, scrapping its ambitious renewable energy goals and shifting its focus back to oil and gas. According to sources close to the strategy shake-up, the energy giant ...

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuel, as ...

BP set to cut renewable investment and boost oil and gas production - BP previously committed to cut oil and gas production ...