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 ...

Amid dueling rehabilitation schedules, Los Angeles Dodgers star Shohei Ohtani took batting practice on Sunday for the first ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

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 ...

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

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.

BP's CEO has made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of ...