The war of words has seen Russia's intelligence agency label Britain 'perfidious Albion', while top Kremlin officials have ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...

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

LONDON: BP said it would boost oil-and-gas production ... administration’s climate-focused initiatives soon after taking office in January. BP began to row back on some of its green commitments ...

At an investor day in London on Wednesday, BP will also share plans to divest ... spending and sell wind and solar assets. Since taking office, Auchincloss has slowed investments in renewables ...

The strategy update will take place at BP’s head office in London, with Mr Auchincloss expected to start speaking at 1pm. James Alexander, chief executive of the UK Sustainable Investment and ...

Despite share price concerns, BP remains the sixth-biggest listed company on the London Stock Exchange by ... Within days of returning to office, President Trump signed a number of executive ...

The capital markets day was originally scheduled for February 11 in New York, but was changed to to Wednesday in London ... BP lowered the reduction target to 25% in 2023. Since taking office ...

BP chief executive Murray Auchincloss said ... Dozens of campaigners were set to demonstrate outside the energy giant’s offices in London with a banner stating “Big Oil Will Kill Us”.