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

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

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.

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

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.

bp has changed its approach to sustainability after a “fundamental” strategy reset, eliminating its net zero production goal ...

BP has cancelled plans to build a green energy plant on Teesside, which would have created more than 600 construction jobs and around 100 permanent roles ...

BP (BP.L) is making a drastic pullback from renewables in favour of more oil and gas, claiming that it went “too far, too fast” on green energy. Chief executive Murray Auchincloss said that while BP ...

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

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its aggressive shift away from fossil fuels over the past five years backfired.