BP's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

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.

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

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BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...

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

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

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.