Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...

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.

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

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. [Photo/Agencies ...

Azerbaijan sees the signing of the work program for the I block as a strategic move. This will be SOCAR's first drilling ...

BP slashes green energy spending and turns back towards fossil fuels BP is making a drastic pullback from renewables in ...

The energy giant’s decision to slash renewables funding by nearly £4bn is an unwelcome development but it’s hardly surprising when our leaders are talking up flying and denigrating climate protesters, ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on investing in oil and gas. The energy giant is planning to increase its ...

Among all the preparation for the NFL draft, many businesses are planning how they will serve more customers than they have likely ever seen before, as estimates ...

BP was still primarily an oil and gas company making token investments in renewables. The logo wasn't the problem – it was beautifully executed and innovative. The disconnect between symbol and ...