Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
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