British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase oil ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

A joint venture between BP and Japan’s JERA has decided to pull the plug on a major offshore wind project in the United States, citing soaring costs and a change in federal policies. JERA Nex BP said ...

The strange smell and oil sheen in Munster’s Cobblestones neighborhood continues to be an annoyance, but the Munster and BP emergency crews said Wednesday they fixed the issue with two inactive BP ...

Serica Energy (OTCPK:SQZZF) said Monday it agreed to acquire all of BP's (NYSE:BP) stakes in the P111 and P2544 licenses in the U.K. North Sea for $232 million in cash upfront. Serica (OTCPK:SQZZF) ...

A substance leaking out of two inactive BP lines in the Cobblestones neighborhood of Munster Wednesday appears to be harmless, but the Munster Fire Department is calling for caution just the same.