Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a ...

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

Early yesterday morning, Unilever announced that its chief exec, Hein Schumacher (pictured), would be departing after less ...

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...

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

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 (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.

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

Deal first announced last August will include work to stabilise and boost production and gas expansion projects ...