BP to Slash Green Spending, Pivot Back to Oil
But BP has struggled to reduce its debt load and the moves have failed to ignite its share price, leading to speculation ...
BP makes a strategy shift, cuts renewable investment and boosts oil and gas spending
World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...
Al Jazeera on MSN49m
BP drops climate targets in pivot back to oil and gas
“Pumping money into more oil and gas increases the risk of climate impacts for us all, flies in the face of legal climate targets, and with the renewables sector growing exponentially is a big risk to ...
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 ...
Weekly Blitz40m
BP shifts focus back to fossil fuels amid investor pressure
British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...