Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
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 ...
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
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