Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader ...

BP has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...

BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch ... conversations I have been having, our new direction is resonating with shareholders ...

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels. By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that ...

The International Energy Agency has said no new fossil fuel project is compatible with the globally accepted goal of limiting warming to 1.5C. But BP now aims to grow production to 2.3 million to ...

BP has acquired an interest in a Chinese ... Scenario will require investment in production capacity and new policies such as fuel taxes, low-carbon fuel standards and mandatory blending.” ...