The Colonial Pipeline has asked the U.S. Federal Energy Regulatory Commission to reject shippers' protests over proposed ...

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving ...

Promising ’long-term shareholder value’, the energy major will cut more than US$5Bn per year from investments in renewable and low-carbon fuels and technologies as it moves to expand its oil and gas ...

BP is to slash its spending on energy transition businesses by $5 billion and boost oil and gas expenditures to $10 billion in an effort to make the supermajor a more attractive investment ...

We recently compiled a list of the 10 Best LNG and LNG Shipping Stocks to Buy According to Analysts. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the ...

BP’s capex on low carbon will be around $2bn over the next two years, which is $10bn less than previous plans. In 2023, the company expected to spend $30bn during the decade. Now it sets a limit ...

LONDON – BP slashed planned investment in renewable energy and said on Feb 26 that it would increase annual oil and gas spending to US$10 billion (S$13.4 billion), in a major strategy shift ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said ...

BP will boost investment in oil and gas while walking back a push for more renewable output, the British oil and gas multinational announced on Wednesday. The firm said it would increase oil and ...

LONDON—BP BP0.34%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 ...