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

BP has announced it will slash its renewable energy investments to focus on increasing oil and gas production. As part of ...

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

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider ...

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

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost ...

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

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

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

Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?