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

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

Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...

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

By contrast, it said it would increase its investments in oil and gas production by about 20% to $10 billion. CEO Murray ...

The announcement is expected during BP’s investor day on Wednesday. CEO Murray Auchincloss, who took over in 2023, has faced ...

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

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

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

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 ...

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