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 ...

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

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor ...

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

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

BP plans to add two new directors to help it pivot back to oil and gas, Financial Times reported, as Chair Helge Lund wants ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.

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

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...