British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

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

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...

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

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

BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a ...

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

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...

BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

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