BP slashes ‘net zero’ renewable energy spending by $5 billion, turns to fossil fuels: What’s behind the strategy shift?

BP slashes green energy spending and turns back towards fossil fuels - The move follows pressure from some investors to boost ...

India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 Billion Euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said.

Following a difficult trading year, BP is pivoting back to its more profitable oil and gas business. Read more at ...

"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...

Despite presiding over a major cut-down of Amazon deforestation, Brazil's left-wing president has raised environmentalists' ...

Vulcan Energy has received authorisation to begin seismic surveys for its geothermal development project in the Ludwigshafen ...

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 ...