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

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

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 ...

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

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

BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy ...

For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the ...

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

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...