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

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...

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

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.

OIL and gas company BP is expected to ditch a target to ramp up renewable energy generation by 2030 in a bid to pivot back ...

Supermajor sets out to please shareholders and stave off takeover threat as it drops iconic pledge to produce less oil by the ...

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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