BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be ...

The Manufacturer's Accountability Project is ubiquitous fighting cities' and states' suits against oil companies. Now, it's ...

When unveiled in 2020, BP's strategy was the sector's most ambitious with a pledge to cut output by 40% while rapidly growing ...

Oil prices tumbled early on Tuesday morning, with geopolitical risk failing to translate into a significant supply disruption ...

Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP , prohibiting Kosmos from selling to third ...

Once, these sorts of corporate pledges were all the rage. Now companies are starting to admit they weren’t serious.

Oil and gas major BP is to drop its target to cut production by 2030, the Times reports, saying that the firm is “battl [ing] to close a valuation gap with rivals in the energy industry”. It explains ...

The energy multinational faced anger from green groups over reports it wants to ditch its 2030 pledge to reduce oil and gas ...

Junkscience.com editor and publisher Steve Milloy discusses how BP abandoned their plans to cut oil and gas output by 2030 ...

Global carbon dioxide (CO2) emissions from the energy sector will likely peak this year due to falling costs for solar and ...

bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of ...

BP plc BP is pivoting away from its aggressive emission reduction goals as it scrapped plans to cut oil and gas production by 2030, per a Reuters report. The U.K.-based energy giant aims to increase ...