BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
The company also revealed plans to increase investment in oil and gas by approximately 20% to $10bn (£7.9bn) annually as part ...
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. It's a ...
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 ...
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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 ...
BP to Slash Green Spending, Pivot Back to Oil
BP shares fell about 1% in London trading. Auchincloss is set to lay out further details of his plan to revive the energy ...
Simon Jack: BP's job is to make money, not set climate policy
For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the ...
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BP to boost fossil fuel spending and consider future of electric car chargers despite U-turn backlash
BP has announced it will "reset" its ethos by being "selective" with investment for electric vehicle charging, as well as the ...