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

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

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 ...

The FTSE 100 (^FTSE) and European stocks rallied on Wednesday as traders await the latest earnings results from tech bellwether Nvidia (NVDA). Analysts and investors will be focused on how much ...

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

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

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels. Unveiling a delayed strategy ...

(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".

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

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

bp (@bp_plc) February 26, 2025 BP has come under increasing pressure from some shareholders over falling profits and a share price that has lagged behind rival Shell. The influential US hedge fund ...

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