LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which ...

BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP, the British Oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing ...

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...

ENERGY giant BP has axed its green targets and shifted back to oil and gas — admitting that its move to Net Zero was “misplaced”. The firm has scaled back investment in renewable projects by 70 ...

BP's deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's most ...

The company has announced it will increase its oil and gas production to around $10bn a year while cutting its investment in ...

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.