Chief executive tells the Financial Times there will be “tremendous demand” for oil and gas and expects majority of company's ...

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

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

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

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 ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

BP Plc Chief Executive Officer Murray Auchincloss said he slept “like a baby” after unveiling the oil major’s turnaround program, confident that he could overcome a lukewarm reception from ...

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

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