BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

The energy giant will announce its strategy later after rivals also rowed back on green energy plans.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

the news of its position has fueled talk of an overhaul of BP, its strategy and the company’s board of directors. Elliott Investment Management is one of the world’s most aggressive activist ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...