Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg ...

The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.

The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a ...

BP’s U.S. shares (BP) closed 1.7% lower on Wednesday after the company said it would raise its oil and gas production and ...

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

BP’s shift back to fossil fuels, a move that disappoints environmental campaigners, reflects growing market pressures and ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

Campaigners from climate groups including Fossil Free London and Weald Climate Action Group staged a protest outside BP’s ...

Energy giant to keep annual spending on energy transition initiatives, including renewables, at $1.5-2 billion, a $5 billion ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...