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

BP's chief executive did something very unusual for the boss of an oil and gas company; he pledged to produce less oil and ...

BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables ...

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...

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

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...

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

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...