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 ...

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

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

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

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

bp has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

BP's announcement this week that it would cut investments in renewable energy projects and pivot back towards oil and gas ...

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

Chief executive tells the Financial Times there will be “tremendous demand” for oil and gas and expects majority of company's ...

Elliott Investment Management plans to ramp up pressure on BP after the company's turnaround plan was seen as lacking in urgency and ambition, Bloomberg reports.

(Alliance News) - BP PLC Chief Executive Officer Murray Auchincloss aims to more than double the London-based oil major's market value to USD200 billion within five years, the Financial Times reported ...