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 ...

The project extends the life of the facility and increases production by deploying a newer, more efficient and reliable technology bp plans to recycle the decommissioned blades, keeping millions of ...

Investors have been critical of BP’s increased expenditure on oil-and-gas assets, arguing historical investments—including in ...

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 ...

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 ...

BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy. The company that used to be named British Petroleum said on Wednesday it would take a ...

BP said shareholders should vote against a resolution that would require the company to publish more detailed disclosures on how it takes investment decisions.

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered energy giant also said ...

Oil major BP said it's going to take a big writedown in the fourth quarter. BP isn't even waiting for its new CEO to start before taking a big charge over its push into renewable energy. The company ...