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

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 ...

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

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

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

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

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

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.

Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion ...

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