BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...

Mark Kleinman is the man who gets the Square Mile talking. Today, he tackles activist investors drilling into BP and ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26) ...

LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil ...

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...

BP's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

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

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...