Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...

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.

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. [Photo/Agencies ...

In 1997, the head of BP hatched a plan to turn his global oil conglomerate into an environmentally responsible, future-forward leader in the clean green energy space.

Azerbaijan sees the signing of the work program for the I block as a strategic move. This will be SOCAR's first drilling ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on investing in oil and gas. The energy giant is planning to increase its ...

An icon of a facebook f logo. An icon of a digital ... investments and an increase in oil and gas production. HyGreen was announced in November 2021, with BP hoping to create 600 construction ...

A potential peace deal between Russia and Ukraine has raised the prospect of western firms returning to Russia. Will it ...

The agreement signed by BP to develop four oil fields in Iraq is anticipated to increase the country's production by 150,000 ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...