The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.

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

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

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

BP slashes green energy spending and turns back towards fossil fuels BP is making a drastic pullback from renewables in ...

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...

British petroleum presented one New and “radical” reorganization strategy of his activities and the reallocation of the ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which ...

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...