BP aims to invest more in renewables and clean energy

Boss says his industry is changing but 'the world is going to need oil and gas for decades'

BP has declared it is looking to acquire more green energy firms, as the British oil giant pledged to set carbon targets for its operations.

However, while the chief executive, Bob Dudley, said the industry was in a period of major change, he made clear that hydrocarbons would remain the core of BP's business.