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

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on ...

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 investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

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

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.

Following a difficult trading year, BP is pivoting back to its more profitable oil and gas business. Read more at ...

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

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