LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

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

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which ...

Activist investor Elliott was last night poring over BP’s new strategy after the energy giant admitted its rush to Net Zero ...

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

BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.

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

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

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

British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...

BP will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...