Trading houses Vitol and Glencore will receive $380 million in compensation after their gas supplier, trading firm Taleveras, ...

Oil and gas giant poised to scrap plans to increase renewable energy generation 20-fold this decade, Reuters reports ...

BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on ...

Three people died and five were injured on Tuesday after a collapse at a highway construction site in the South Korean city of Cheonan, the Yonhap news agency reported.

Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by ...

British energy regulator Ofgem on Tuesday raised its price cap by 6.4% on household energy bills from April to an annual ...

Murray Auchincloss will announce BP is switching its focus back to fossil fuels amid mounting pressure from investors over ...

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity ...

-- Oil-and-gas company BP will refocus on fossil fuels and scrap a target to raise renewable generation capacity 20-fold by 2030, Reuters reports citing unnamed sources. -- The change in direction is ...

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...