World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

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

Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to ...

Nvidia suffered heavy losses last month following the launch of the DeepSeek chatbot app in the US. Kathleen Brooks, research ...

BP has reversed its green energy strategy, increasing oil and gas investments while cutting renewables spending, following ...

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.

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

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?

For the quarter ending December 31, 2024, the Strategy outperformed its benchmark, the Bloomberg U.S. Corporate Index (the ...

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

The committee’s agenda added: “The current programme anticipates the initial completion of the Park and Ride facility, ...

The company will increase upstream spend to 75% of group capex (70% oil, 30% gas on average) as it simultaneously plans to become more selective with energy transition ...