BP is increasing its oil and gas investment to $10bn (£7.9bn) a year as part of a net zero “reset” that involves the company ...

BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...

Supermajor sets out to please shareholders and stave off takeover threat as it drops iconic pledge to produce less oil by the ...

BP has confirmed it will slash spending on net zero transition businesses by £3.95bn a year and significantly ramp up its oil ...

The fossil fuels giant said it would increase oil and gas investment by about 20% to £7.9 billion a year as part of a major ...

BP shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...

(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".

The strategy update will take place at BP's head office in London, with Auchincloss expected to start speaking at 1300 GMT. James Alexander, chief executive of the UK Sustainable Investment & Finance ...

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