STORY: BP has slashed planned investment in renewable energy.And said it would increase annual oil and gas spending to $10 ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

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

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.

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 ...

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, ...

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

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 today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...