LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase 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 will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...

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.

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 ...

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 ...

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