BP boosts fossil fuel spending to $10 billion, sets $20 billion divestment target
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as part of CEO Murray Auchincloss' efforts to boost returns and improve financial performance.
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...
BP unveils anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy ...
BP is scrapping its massive renewable energy targets and doubling down on fossil fuels--here's what it means for investors.
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