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

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

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

BP (NYSE:BP) -1.4% pre-market Wednesday after unveiling its anticipated strategic reset to raise annual oil and gas spending ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

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

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

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

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 slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...