Add Yahoo as a preferred source to see more of our stories on Google. Ed Miliband has already twice delayed a decision on whether to grant the development consent order for the project - Isabel ...

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 (NYSE: BP) just confirmed what many already suspected: 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 ...

BP investors are voting with their wallets in response to the company’s strategic shift in scaling back climate-change targets and hydrocarbon-reduction ambitions. The UK supermajor and its ...

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 ...

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 ...

Follow This and a coalition of institutional investors are threatening legal action after BP refused to include a shareholder ...

BP is ramping up U.S. shale production while peers stay cautious, with BPX Energy targeting an 8% increase to 500,000 boe/d this year and aiming for 650,000 boe/d by decade’s end. The shale push is ...

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 ...