BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...

France’s TotalEnergies is betting big on power and renewables, positioning itself to ride the global electricity demand wave ...

BP plc BP, the British energy giant, has announced that it will cut down its investments in renewable energy ventures while bringing its focus back to oil and gas. This strategic shift is aimed at ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy. A much anticipated presentation to ...

Wind pioneers Henrik Stiesdal and Andrew Garrad warn that a growing political backlash is threatening the momentum of the ...

BP is considering selling a minority stake in its offshore wind business, the latest effort by chief executive Murray Auchincloss to reduce the company's focus on renewables. The UK supermajor is ...

The FINANCIAL — “The global energy landscape is changing. Traditional centers of demand are being overtaken by fast-growing emerging markets. The energy mix is shifting, driven by technological ...

The FINANCIAL — Despite current weakness in global energy markets and the slowdown in China’s growth, demand for energy will continue to grow over the next 20 years and beyond as the world economy ...

BP may abandon a pledge to reduce oil production levels by 25 percent by 2030 - Copyright AFP/File Stefani Reynolds BP may abandon a pledge to reduce oil production ...