BP has acknowledged for the first time that its struggling green energy businesses are worth far less than previously thought ...

A wind farm backed by BP has been scrapped and the fate of a second left uncertain after failing to land government contracts ...

Move comes after BP venture’s partner on twin Irish Sea projects walked away following failure to secure deals in UK offshore ...

JERA Nex BP will buy its partner EnBW's stake in the Mona offshore wind ​project and has signed a lease ‌agreement for the ...

In an update ahead of earnings next month, the energy giant also flagged weak oil trading and flat production for the ...

JERA Nex bp is acquiring EnBW’s stake in the Mona Offshore Wind Farm and has signed a lease agreement with The Crown Estate ...

Wind, solar, and EV investments are slowing as subsidies fade, revealing profitability challenges that proponents long argued ...

Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...

An offshore wind joint venture between BP Plc (NYSE:BP) and Japan’s Jera Co. is set to shut down its U.S. operations amid mounting pressure on clean energy from the Trump administration. JERA Nex ...

A recently launched offshore wind venture from BP and a Japanese power company plans to largely close up its U.S. operations amid the Trump administration’s hostile stance toward renewable energy.

BP is considering selling a minority stake in its offshore wind business, the latest effort by chief executive Murray Auchincloss to reduce the company's focus on renewables. The UK supermajor is ...