The first quarter of 2025 is not yet complete and it has already been a tumultuous year in terms of energy and moreover, energy...

BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant...

Oil and gas giant BP wants to sell its stake in Lightsource BP just four months after completing a full takeover of the renewables developer, as a...

BP slashes planned investment in renewable energy and is increasing annual oil and gas spending.

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

The company has announced it will increase its oil and gas production to around $10bn a year while cutting its investment in renewables and the...

Firm confirms plans to scale back green energy efforts and ‘fundamentally reset’ strategy

BP has announced at its capital markets day the scaling back its renewables goals and new investment in oil and gas.

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in...

bp is planning a shift in its strategy, moving away from renewable energy targets and refocusing on fossil fuels.