British energy giant BP Plc has decided to sell its Indian lubricant subsidiary, Castrol India, as part of a “global ...

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The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...

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BP dropped a bombshell on February 26, 2025, unveiling a “fundamentally reset” strategy that pumps the brakes on its green ...

BP, the British Oil major, said it is refocusing the company on its core oil and gas business and reducing investments in clean energy.

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.