I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider ...

BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a ...

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

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had ...

BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.

Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...

BP is expected to announce a strategic shift back to oil and gas, abandoning its previous target to significantly expand ...

The combined total of Shell and BP’s profits over 2024 amount to £26.2 billion. In contrast, the UK has committed to spending ...