BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...

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

BP is reportedly set to ditch renewable energy targets and double down on fossil fuels to regain investor confidence Read ...

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

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...

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

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

Fossil fuel giant is expected to tell shareholders it will cut renewables targets and increase oil and gas funding to boost ...

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

“Battery storage is in many parts of the energy system, a bit of a quiet revolution,” Wanner said, highlighting how falling ...

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a ...