Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon strategy.

UK-based BP’s planned investment in developing several giant oil fields in Kirkuk could be worth as much as $25bn, including ...

The two companies are merging some petrochemicals and plastics units to form Borouge Group, which will also acquire Canada's ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...

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 confirmed it will slash spending on net zero transition businesses by more than five billion US dollars (£3.95 billion) a year, and significantly ramp up its oil and gas operations. The fossil ...

BP (BP) said it would invest more in oil and gas as it pivots away from its low-carbon strategy. The British energy giant said it would increase its annual oil and gas investment to about $10 ...