BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

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

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

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

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

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

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

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

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...