World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

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 ...

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

"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 ...

President Donald Trump effectively ended the National Environmental Policy Act, but some activists are still fighting.

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

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...