BP is reportedly set to ditch renewable energy targets and double down on fossil fuels to regain investor confidence Read ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist ...

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP is expected to tell shareholders it will cut renewables targets and increase funding to oil and gas in order to boost shareholder returns. Read more.

- US oil major ConocoPhillips (NYSE:COP) agreed to sell its interests in the US Gulf offshore fields Ursa and Europa to Shell ...

“Battery storage is in many parts of the energy system, a bit of a quiet revolution,” Wanner said, highlighting how falling costs for both batteries and solar panels meant projects combining the two ...

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.