BP has announced it will slash its renewable energy investments and instead focus on increasing oil and gas production. The ...

Rethink comes five years after BP set some of the most ambitious targets among large oil companies to cut production of oil ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor ...

BP is set to make a dramatic U-turn, scrapping its ambitious renewable energy goals and shifting its focus back to oil and ...

BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...

Our Morningstar Uncertainty Rating for Viva Energy Group is Medium. Refined fuel retail businesses require large irregular shipments of crude oil and refined products, and corresponding requirements ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

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