Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
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