Global Witness11m
Global Witness billboards highlight BP’s climate backtracking to investors
Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...
BP ramps up fossil fuel spending and rows back on green targets
BP will dial up its spending on oil and gas by $10bn (£7.9bn), slash its investment into renewable energy and offload $20bn ...
BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
The fossil fuels giant said it would increase oil and gas investment by about 20 to £7.9 billion a year as part of a major strategy update.
Hosted on MSN34m
BP Shifts Focus Back to Oil and Gas, Scaling Down Green Investments
The move comes amid investor pressure, with shareholders unhappy about BP's underperformance compared to rivals like Shell and Exxon. BP's CEO Murray Auchincloss called it a "fundamental reset" aimed ...
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 ...
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.