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 ...

OPINION | The oil major's retreat is complete, but it may come to regret not sticking to a road taken by other energy giants, writes Shu Ling Liauw The retreat is complete. BP’s industry-leading ...

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company ...

BP has released what it calls its reset ... which explains US stock market outperformance relative to other US assets. Gold extended its rally on Thursday, hitting a fresh record past the $ ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

BP (NYSE:BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair Helge Lund wants the board to reflect the company’s new strategy ...

(Reuters) - BP's (BP) 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 ...