BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor ...

BP is set to make a dramatic U-turn, scrapping its ambitious renewable energy goals and shifting its focus back to oil and ...

BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...

The energy giant will announce its strategy later after rivals also rowed back on green energy plans.

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...