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

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

Shell has upgraded forecasts for long-term gas demand as global energy usage climbs and nations look to plug gaps left by 'intermittent' renewables output.

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

Regulator Urges Households To Switch And Fix Around 22 million households in England, Wales and Scotland will see their annual bills rise b ...

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

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

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

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

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

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

The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance ...