BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...

The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...

Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables developer. New “strategy reset” will also cut company’s investment in ...

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

BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...