BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
STORY: BP has slashed planned investment in renewable energy.And said it would increase annual oil and gas spending to $10 ...
The energy giant will announce its strategy later after rivals also rowed back on green energy plans.
The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, ...
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 ...
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
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