bp has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to become a renewables giant. The takeaway for Big Oil is that the energy ...

The BP oil and gas giant has confirmed that it plans to slash spending on renewable energy projects by £4 billion per year.

Italian oil major Eni is accelerating its energy transition strategy as it creates two new businesses this year focused on offering green artificial intelligence computing power and capturing carbon ...

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.

BP Plc Chief Executive Officer Murray Auchincloss said he slept “like a baby” after unveiling the oil major’s turnaround ...

BP’s chief executive wants to more than double the oil major’s market value within five years to $200 billion (€190 billion), ...

(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 ...

BP CEO Murray Auchincloss told the Financial Times that he plans to more than double the oil major’s market value within five years.

--Auchincloss plans on promoting the company to American investors but said that moving the company's listing to the U.S. was "not on the agenda", the FT reported. --Auchincloss declined to comment on ...

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