BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

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

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

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

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

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

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 strategy update.

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

BP boss Murray Auchincloss this week faces a make-or-break meeting with investors that will determine his future – and that of the oil giant itself. Auchincloss has pledged a root-and-branch ...