Chief executive tells the Financial Times there will be “tremendous demand” for oil and gas and expects majority of company's ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

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

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

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

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 Plc Chief Executive Officer Murray Auchincloss said he slept “like a baby” after unveiling the oil major’s turnaround program, despite a lukewarm reception from shareholders.Most Read from ...

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