Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as ...

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

Chief executive tells the Financial Times there will be “tremendous demand” for oil and gas and expects majority of company's ...

Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be ...

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

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

BP plans to reset its strategy to shift back to oil and gas and away from wind, solar and other renewables.

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

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

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

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...