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 today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

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 shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...

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 is to slash its investments into low-carbon and alternative fuels and raise its spending in oil and gas as part of ...

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