BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

OIL and gas company BP is expected to ditch a target to ramp up renewable energy generation by 2030 in a bid to pivot back ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

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

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

Fossil fuel giant is expected to tell shareholders it will cut renewables targets and increase oil and gas funding to boost ...

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a ...