BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The goal ...

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 boost ...

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, ...

Oil major BP <a href=" target="_blank">(BP.L) has expanded a renewable energy supply deal with Amazon.com Inc <a href=" target="_blank">(AMZN.O) to power the U.S. e-commerce giant's operations and ...

However, many have jumped on the bandwagon of investing in renewable energy, which Llavero-Pasquina sees as a clever marketing ploy. He emphasises that the solution to the energy transition should not ...

BP has announced it will slash its renewable energy investments to focus on increasing oil and gas production. As part of what CEO Murray Auchincloss is calling a “fundamental reset”, BP has signed a ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase oil ...

Kartikeya Dube, Head of Country for BP in India and Senior Vice President of the BP Group, brings nearly three decades of ...

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered energy giant also said ...