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

Geothermal power in Africa is currently dominated by Kenya, which to date is the seventh largest producer of geothermal power. Kenya’s estimated geothermal power potential is roughly 10 GW, but ...

President Donald Trump pledged a U-turn away from the Biden administration's commitment to fighting climate change and ...

The transition to renewables is taking longer than previously thought, a senior member of BP has said, on the same day her ...

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

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

"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 ...

Cementing a positive relationship with US President Donald Trump will require the EU to reverse several policies that limit ...

The strategy includes an action plan for affordable energy, amid energy prices the European Commission says are higher than ...

bp will dramatically slash its investments in the energy transition and increase oil and gas investment and production ...

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...