The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

Groups file OECD complaint against the world’s largest advertising and PR firm, say its work enables major polluters to harm ...

Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...

Aker BP announced on Wednesday that TotalEnergies, Aker BP and Equinor are seeking an independent assessment of their stakes ...

TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...

CEO promised a “fundamental reset” of strategy after reporting poor financial results in 2024 which could see the company cutting its low-carbon spend ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...