BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

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

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

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 ...

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

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

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...

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

The strategic review of Castrol will consider all options with a focus on value creation. Proceeds from any potential ...