Campaigners from climate groups including Fossil Free London and Weald Climate Action Group staged a protest outside BP’s ...
Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion ...
Scottish Affairs Committee hears from BP on the same day that it slashed the amount being spent on reaching net zero ...
BP’s major shift in strategy should enable it to achieve very high earnings growth which should power its share price and ...
On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...
BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.
BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.
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 executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?
BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...