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

Oil and gas giant BP slashes renewables investment and boosts fossil fuel production Sky News's Paul Kelso explains why BP is instead investing more funding in greater fossil fuel production.

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

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

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 ...

BP slashes green energy spending and turns back towards fossil fuels - The move follows pressure from some investors to boost ...

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

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

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 ...