Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

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

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

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

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

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

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

Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...

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.

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“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...