Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to ...
Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...
BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...