BP's (NYSE:BP) deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as the company's most ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

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

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...

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.

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...

The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.