BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant will outline its strategy later following pressure ...

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

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

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...

BP is reportedly set to ditch renewable energy targets and double down on fossil fuels to regain investor confidence Read ...

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

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away ...

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

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

The oil/energy industry is witnessing a wave of consolidation as energy giants seek to strengthen their market position amid changing dynamics. The latest speculation about a possible merger between ...

BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...