BP, Oil and Gas
BP shuns renewables in return to oil and gas
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned renewables funding by more than $5bn (£3.9bn). The move comes as rivals Shell and Norwegian company Equinor have also scaled back plans to invest in green energy and US President Donald Trump's "drill baby drill" comments have encouraged investment in fossil fuels.
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...
Oil prices were mixed, after slumping in the previous trading session, amid lingering tariff risks and prospects for a Russia ...
Oil prices dipped on Tuesday, buffeted by U.S. President Donald Trump's foreign policies as he juggles a push for peace in ...
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from ...
Analysts said that a 10% U.S. tariff on crude oil would not significantly boost U.S. production.
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
The brand continues to seize on that approach, as it launches its third variety today: “ Frizzle ,” a high-heat oil intended ...
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