World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...
BP said it would increase oil-and-gas investment to about $10 billion a year. - Martin Meissner/Associated Press. LONDON—BP ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
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.
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...
In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...
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 ...
British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...