The energy giant is betting big on fossil fuels again, slashing green investments and setting the stage for a major shake-up.

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 ...

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...

BP will increase oil and gas investment to around $10 billion per year, making up two-thirds of capital expenditure, it added ...

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

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

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

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

(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 said it plans to grow its upstream oil and gas business as it resets its strategy in an effort to grow cash flow and shareholder returns. The British oil and gas major said it has abandoned ...