In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...

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 annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

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

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

The company will increase upstream spend to 75% of group capex (70% oil, 30% gas on average) as it simultaneously plans to become more selective with energy transition ...

Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables ...

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...