BP expected to roll back green energy pledges to boost profit - The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost ...

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 ...

Shell and Norwegian company Equinor have already scaled back their plans to invest in green ... over any potential ramping up on production of fossil fuels. Five years ago, BP set some of the ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

A group of 48 investors has written to BP (NYSE:BP) Chairman Helge Lund calling for a shareholder vote on any plans the company ... including some of its green energy investments.

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 ...