BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

The Saudi Arabia 2034 World Cup will set new levels of sustainability, say Dr Valentina Dedi, Lead Economic Advisor at KBR and football coach Armand Kavaja ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

Oil futures edged lower early Wednesday, maintaining a weak tone on concerns over the global economic outlook and the potential for a halt to Russia's war on Ukraine that could result in sanctions on ...

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

In one fell swoop, the National Environmental Policy Act was effectively neutered by Trump, but in this small Newark ...

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

The European Commission proposed on Wednesday to make 100 billion euros ($104.97 billion) available to support EU-made clean ...