Big Oil’s renewable energy pivot was an expensive mistake. The British oil giant took a $5.4 billion write-down on its green energy portfolio in 2025, including $3.5 billion on solar developer ...

Ed Miliband has already twice delayed a decision on whether to grant the development consent order for the project - Isabel Infantes/Reuters BP has shelved plans to build a major hydrogen project in ...

BP has taken a hit of more than £3billion following its disastrous push into renewables. The oil giant said it will wipe £3billion to £3.7billion off the value of its green energy business as it ...

BP faces a threat of legal action from activist climate investors over its refusal to include a resolution they filed for its planned annual general meeting.

UK supermajor BP is taking over operatorship of the US$36 billion Asian Renewable Energy Hub (AREH) in Pilbara, Western Australia, which the company is hailing as one of the world’s largest renewables ...

British supermajor BP has signed an agreement with Azerbaijan to swap solar-generated power for electricity supply to the Caspian Sea Sangachal oil terminal that it operates, as part of measures to ...

BP will exit its role in a massive green hydrogen production facility planned in Australia as the British oil major refocuses on the fossil fuels that drive its profits. Image by marcoscisetti via ...

The joint venture between bp and Iberdrola ? Castellón Green Hydrogen SL ? has announced that its 25 MW green hydrogen project, which will be the largest operating in Spain, has reached 90 ...

The shale push is central to BP's strategic reset, as the company shifts away from aggressive green investments and refocuses ...

BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...