BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

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

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

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

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

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.

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

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.