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 ...
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 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 Slash Green Spending, Pivot Back to Oil
BP shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...
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BP share price falls as supermajor reveals ‘fundamental strategy reset’
Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...
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 ...
BP slashes renewable investment increasing oil and gas production despite pace of global warming
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...
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BP confirms roll back of green energy pledges to boost profit
BP has confirmed it will slash spending on net zero transition businesses by £3.95bn a year and significantly ramp up its oil ...
BP’s Strategy Reset: Five Things to Watch as Elliott Circles
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.