The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

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

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...