It’s been almost 25 years since BP Plc. attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its commitment to green energy. Under pressure chief executive Murray ...

BP is the latest energy company to switch focus from green energy back to fossil fuels. BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas ...

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BP's CEO Murray Auchincloss defends the company's decision to increase fossil fuel production and abandon renewable energy ...

The boss of BP has said the oil giant went ‘too far too fast’ in its previous drive towards green energy as the company unveiled plans to plough billions of pounds more into fossil 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 ...

Oil and gas firms that once leaned into aggressive climate targets praise Trump’s agenda at an annual Houston gathering, ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

This is a reset BP, with an unwavering focus on growing long-term shareholder value." Shell and Norwegian company Equinor have already scaled back their plans to invest in green energy.