BP’s new chief executive must abandon net zero and steer the company decisively back to oil and gas, shareholders have said.

BP has ousted its chief executive after less than two years as investors lose patience with the oil major’s embrace of net zero.

Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green ...

BP remains a target despite dramatically hiring its first outsider as chief executive in its history as it seeks to fend off ...

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 ...

Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.