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

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

The move comes in response to pressure from investors, notably from activist hedge fund Elliot management.View on euronews ...

BP unveils anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on ...

Speaking at the G-20 meeting of finance ministers and central bank governors in Cape Town, Reeves said trade and investment ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...