Following a difficult trading year, BP is pivoting back to its more profitable oil and gas business. Read more at ...

Boss Murray Auchincloss's case is that oil and gas will be in "robust" global demand until 2035, and his message to shareholders is he intends to exploit it for their benefit.

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 ...

BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas ...

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

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

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

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

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