The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
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.
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 Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
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 ...
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 slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...