BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

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

Supermajor sets out to please shareholders and stave off takeover threat as it drops iconic pledge to produce less oil by the ...

The fossil fuels giant said it would increase oil and gas investment by about 20% to £7.9 billion a year as part of a major ...

The move comes amid investor pressure, with shareholders unhappy about BP's underperformance compared to rivals like Shell and Exxon. BP's CEO Murray Auchincloss called it a "fundamental reset" aimed ...

BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...

BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the ...

Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...