Chief executive Murray Auchincloss said that while BP is still aiming to hit net zero carbon emissions by 2050, it will slash ...

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 comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

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 ...

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

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP unveils anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy ...

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