BP scraps renewables target, returns to oil and gas in strategy reset
The move comes in response to pressure from investors, notably from activist hedge fund Elliot management.View on euronews ...
BP slashes green energy spending and turns back towards fossil fuels
The move follows pressure from some investors to boost profits at the firm, but has also angered environmental groups.
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.
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Energy Giant Backpedals On Green Goals, Plans To Shell Out Billions On Oil And Gas
European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...
BP announces boost in oil, gas production after falling profits
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...
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BP changes course by increasing fossil fuel investments while cutting back on renewable energy
BP announced on Wednesday that it would increase its annual oil and natural gas investment by $10 billion. This will return ...