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BP to cut renewable energy targets

Chron on MSN · 8h

Report: BP to drop renewable energy goals in favor of fossil fuels

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

GlobalData on MSN · 13h

BP to cut renewable energy targets and focus on fossil fuels

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.

Washington Examiner on MSN · 1d

BP to ditch renewable energy targets in effort to boost earnings

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. BP CEO Murray Auchincloss will tell investors at the company’s capital market day on Wednesday that it will ditch its target to grow renewable generation capacity 20-fold by 2030 and instead refocus on

18hon MSN

BP expected to scrap renewables targets as part of performance reset

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially ...

6hon MSN

BP to slash green investment and ramp up gas and oil

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

14h

BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

1d

BP to abandon green energy target and ramp up oil

BP will this week abandon plans to radically increase green energy generation and instead ramp up oil production, according ...

Arket’s clothing repair initiative and Lightsource bp’s 1.3GW renewable energy deals: The sustainability success stories of the week

Discover this week's top sustainable business stories like Arket's clothing repair initiative, driving a greener future with ...

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