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

BP Plc said Apollo-managed funds will purchase a 25% non-controlling stake in BP Pipelines — known as BP TANAP — for about $1 billion, marking the British energy giant’s first divestment under its ...

with the rest of the world picking up the tab from its climate-wrecking products". Global Witness drove a lorry around central London with messages criticising BP's decision. Sir Ian Cheshire ...

In a final report, the U.S. Chemical Safety Board said "nearly everything that could go wrong did go wrong," in the 2022 explosion that killed two employees — brothers Ben and Max Morrissey ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to ...

BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million metric tons of carbon dioxide equivalent respectively in 2024, it said in its ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...

with the rest of the world picking up the tab from its climate-wrecking products". Global Witness drove a lorry around central London with messages criticising BP's decision. Sir Ian Cheshire, who has ...