BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...

BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...

BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...

LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26) ...

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

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...