Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.

BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...

Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...

BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...

President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...

A sign at a BP petrol station in London, Feb. 7, 2023. British energy giant BP has confirmed it is to slash spending on green ventures and up its oil and gas production. (AP Photo/Kirsty Wigglesworth, ...

Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP ...

Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

The justices declined to hear unusual arguments from Republican-led states that sought to end lawsuits against energy ...

BP revealed on Thursday in its annual report that it cut Auchincloss’ paycheck by 30% in 2024 to £5.4 million ($6.9 million) ...

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