The company had been a leader among the oil majors in shifting business away from fossil fuels and toward renewables.

BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy.

BP Sees Up To $5B Impairments Tied to Low Carbon Assets BP PLC said Wednesday it expects to book $4-5 billion in write-downs ...

BP teams up with Corteva to form Etlas, a 50-50 JV to grow oilseed crops for SAF and renewable diesel, targeting a ...

Wind, solar, and EV investments are slowing as subsidies fade, revealing profitability challenges that proponents long argued ...

BP will sell its U.S. onshore wind business to New York-based LS Power, as the Big Oil giant continues to divest from much of its renewable energy assets amid financial challenges. The anticipated ...

Chevron is an integrated energy giant with a stable business model. In the Permian, the most prolific basin in the United ...

Oil giant BP has struck a £4.4 billion deal, selling a 65 per cent stake in its motor oil division, Castrol, to New ...

BP delivered strong Q2 results, beating earnings and revenue estimates due to strong profitability in its core business. The energy enterprise makes an attractive value proposition, trading at a ...