World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...
But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...
British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
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 announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...
In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...