Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

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 ...

Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP ...

BP plans to hire two new directors to help it pivot back to oil and gas, as its chair Helge Lund responds to pressure from investors to strengthen the board. Lund wants the BP boa ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

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

ExpectAI is Looney's latest new role since he resigned as BP's chief executive in 2023 after not being fully transparent ...

BP is expanding its board by adding two new directors to strengthen its focus on oil and gas production and enhance shareholder returns, following its recent strategic shift.

Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.

Looney resigned from BP in September 2023 after an internal investigation found he had failed to disclose the extent of his ...

The energy transition must make economic sense if it is to succeed. This applies to businesses making investment decisions, ...