BP cuts renewable investment and boosts oil and gas in strategy shift
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
How energy giant BP went from eco poster child to possible takeover target
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
What's in the EU's plan to boost clean tech, lower energy bills?
The European Commission proposed on Wednesday to make 100 billion euros ($104.97 billion) available to support EU-made clean ...
BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
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'Too far, too fast': BP reveals strategy reset
Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...
BP accused of abandoning climate for profit with £8bn oil and gas drilling plan
Announcing a drastic pullback from green energy in favour of fossil fuels, BP chief executive Murray Auchincloss said oil and ...
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BP Hikes Oil and Gas Investment to $10 Billion a Year in Strategy Reset
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...
Transition to renewables taking longer than thought, senior BP figure tells MPs
Louise Kingham said ‘clarity’ from the UK Government is needed to unlock investment in the North Sea as she reaffirmed BP’s ...
Trump’s Rare Earth Diplomacy
The White House and Ukraine struck a deal on strategic resources, a pact that speaks volumes about President Trump’s ...
BP Asks Shareholders to Pay for Its Mistakes
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...
BP cuts investment in clean energy and boosts oil and gas in major strategy shift
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 ...