BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas
The energy giant said it would cut planned investments in clean energy and redirect spending toward fossil fuels.
BP takes the axe to investment in green energy in "shocking" strategy U-turn
BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...
Recharge28m
'Reset' BP slashes $5bn a year from green spending as it goes back to petroleum
Supermajor sets out to please shareholders and stave off takeover threat as it drops iconic pledge to produce less oil by the ...
BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus - The fossil fuels giant said it would increase oil ...
BP’s going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment ...
Oil major BP boosts annual fossil fuel spending to $10 billion in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a ...
insider32m
BP slashes net zero spending by nearly £4 billion
BP has confirmed it will slash spending on net zero transition businesses by £3.95bn a year and significantly ramp up its oil ...
Upstream1d
‘Line in the sand’ or ‘more of the same’: What's in store at upcoming BP capital markets event
Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...