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

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.

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 its flagging ...

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

Iraq’s oil ministry on Monday signed a landmark deal with British energy giant BP to develop four key oil fields in Kirkuk.

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.

Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...

LONDON :BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil ...

BP’s decision will come after they set some of the most ambitious targets among large oil companies to cut their oil and gas ...

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.