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 ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

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

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for ...

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

STORY: Sources say BP's chief executive is to scrap a target to increase renewable generation 20-fold by 2030.And will ...

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?