President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...

BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy giant at a presentation to investors later Wednesday. The ...

Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...

BP's CEO Murray Auchincloss defends the company's decision to increase fossil fuel production and abandon renewable energy ...

If one thing has got simpler in this complicated world over the past year, it is bp’s strategy. We have reset to deliver ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...

He added that as well as the increase in oil and gas spending, BP will be “very selective in our investment ... “This is positive proof that fossil fuel companies can’t or won’t be part of climate ...

While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...

The fossil fuels giant has unveiled its new strategy, which will involve BP refocusing its efforts on increasing oil and gas production. This comes after investors were unhappy with BP’s profits and ...