Rethink comes five years after BP set some of the most ambitious targets among large oil companies to cut production of oil ...

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

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

Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving ...

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

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

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

(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...

BP is reportedly set to ditch renewable energy targets and double down on fossil fuels to regain investor confidence Read ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.