The logo of British multinational oil and gas company BP ... [Photo/Agencies] Environmentalists have reacted with dismay to oil and gas giant BP saying it will slash green investment and ramp up ...

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.

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European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on investing in oil and gas. The energy giant is planning to increase its ...

LONDON — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster ...

BP said it would increase oil-and-gas investment to about $10 billion a year. - Martin Meissner/Associated Press LONDON—BP said it would boost oil-and-gas production and sharply cut investments ...

BP (BP.L) is making a drastic pullback from renewables in favour of more oil and gas, claiming that it went “too far, too fast” on green energy. Chief executive Murray Auchincloss said that while BP ...

The logo of British multinational oil and ... have reacted with dismay to oil and gas giant BP saying it will slash green investment and ramp up fossil fuel exploitation. The United Kingdom ...

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