BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...

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

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.

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.

LONDON, March 13 (Reuters) - BP (BP.L), opens new tab plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters. BP is already working on ...

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

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy - BP previously committed to cut oil and gas production by 40 per cent by 2030 ...

BP will increase oil and gas investment to around $10 billion per year ... The head of the French giant spoke Tuesday at International Energy Week, an annual gathering in London of major players from ...

BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas ...

LONDON — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster ...