BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

A joint venture between BP and Japan’s JERA has decided to pull the plug on a major offshore wind project in the United States, citing soaring costs and a change in federal policies. JERA Nex BP said ...

This week, the International Chamber of Commerce (ICC) issued a partial final award in the arbitration with BP Gas Marketing Limited related LNG sales under the long-term sales and purchase agreement ...

TOKYO, Oct 22 (Reuters) - JERA Nex BP, a joint venture between Japan's top power generator JERA and BP (BP.L), opens new tab, plans to halt development of the U.S. Beacon offshore wind power project ...

BP Plc reached a final investment decision on the $5 billion Tiber-Guadalupe project off the US Gulf coast, a major step in the energy giant’s drive to refocus its business on oil and gas. The ...