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 ...

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...

BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

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

Fossil fuel giant is expected to tell shareholders it will cut renewables targets and increase oil and gas funding to boost ...

Sources say the oil and gas major is scrapping plans to ramp up renewable capacity 20-fold by 2030, returning instead to a ...

Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for ...

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

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

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