BP’s going back to petroleum

Oil major BP to slash renewable spending and double down on fossil fuels 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 fundamental strategic reset.
BP to boost oil and gas spending to $10bn as it turns its back on renewables
BP is increasing its oil and gas investment to $10bn (£7.9bn...
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 while reducing outlays for greener fuels.
BP to slash renewables spending in pivot back to oil and gas
BP will spend $10bn a year on producing more oil and gas, slash its spending on renewable energy and sell $20bn of assets as it tries to revive its share price under pressure from activist investor Elliott Management.
BP to slash green investment and ramp up gas and oil
BP is expected to announce it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant will outline its strategy later following pressure from some investors unhappy its profits and share price have been much lower than its rivals.
BP to up oil and gas output, slash clean energy spend in overhaul
BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced Wednesday to the dismay of environmentalists. BP will increase oil and gas investment to around $10 billion per year,

Iraq, BP agree to develop 4 Kirkuk fields

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 ...
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 to increase oil and gas investment despite pace of global warming
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for fossil fuel production.
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BP share price falls as supermajor reveals ‘fundamental strategy reset’
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BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review
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BP: New Bullish Catalyst In Play
BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...
BP shifts course, boosting fossil fuel investments and cutting renewables
BP said today it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as part of ...
BP takes the axe to investment in green energy in huge strategy U-turn
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...