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

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...

Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by ...

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 CEO Murray Auchincloss plans to tell investors the company will withdraw from its renewable generation target.

BP is expected to tell shareholders it will cut renewables targets and increase funding to oil and gas in order to boost shareholder returns. Read more.

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

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

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 ...

The decision comes as BP faces investor pressure over its underperformance compared to competitors ...

Oil and gas giant poised to scrap plans to increase renewable energy generation 20-fold this decade, Reuters reports ...

Murray Auchincloss will announce BP is switching its focus back to fossil fuels amid mounting pressure from investors over ...