BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy ...

Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports.

Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major’s underperforming share price. BP boss Murray Auchincloss has defended the company’s move to ...