The stakes could not be higher for the ailing British icon’s new strategy, which amounts to it being an oil and gas company ...

BRITISH energy giant bp is slashing its investment in renewables in favour of priortising its oil and gas business, aligning ...

British Petroleum is set to abandon its ambitious renewable energy expansion targets in favor of a stronger focus on fossil ...

While BP has “fundamentally reset” its strategy, markets have not fundamentally reset their views on its value ...

BP Plc (BP) garnered retail attention on Thursday after Bloomberg reported that activist investor Elliott Investment ...

Plus, BP goes back to basics amid Elliott’s pressure campaign and ex-Barclays chief Jes Staley wants to clear his name ...

On Lightsource bp, the solar and battery developer bp took full ownership of in November 2023, and which owns multiple projects in Australia, the outlook also remains relatively upbeat, albeit with ...

Due to investor pressure, BP will cut investments in renewable energy and increase oil and gas production. BP will raise oil ...

Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be ...

BP plans to reset its strategy to shift back to oil and gas and away from wind, solar and other renewables.

Electrification is the future. A lukewarm commitment to some EV chargers is not the long-term way for an energy firm to ...

On more than one occasion since, though, BP has edged towards that early ambition by setting goals to shift from fossil fuels into producing the renewable energy the world will need if it is to ...