Energy giant Shell (SHEL) is reportedly considering selling its chemical assets in the U.S. and Europe as part of its ongoing effort to focus ...

The people who once ran the federal weather and oceans agency say it touches people's daily lives in unnoticed ways and that massive firings there could cause needless deaths and a big hit to ...

BP PLC closed 19.07% short of its 52-week high of £5.41, which the company reached on April 12th.

The BP oil and gas giant has confirmed that it plans to slash spending on renewable energy projects by £4 billion per year.

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...

The energy giant’s decision to slash renewables funding by nearly £4bn is an unwelcome development but it’s hardly surprising when our leaders are talking up flying and denigrating climate protesters, ...

Chevron is not alone. In January, BP began cutting around 4700 employees, around 5% of its workforce, and 3000 contractors – ...

On Wednesday the company said it now plans to increase investment in oil and gas exploitation by 20 percent, to around $10 ...

“Pumping money into more oil and gas increases the risk of climate impacts for us all, flies in the face of legal climate targets, and with the renewables sector growing exponentially is a big risk to ...

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.

In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...

BP's chief executive did something very unusual for the boss of an oil and gas company - he pledged to produce less oil and ...