BP takes the axe to investment in renewables in huge strategy U-turn
Rethink comes five years after BP set some of the most ambitious targets among large oil companies to cut production of oil ...
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BP's Bold Investment Shift: Doubling Down on Fossil Fuels
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
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Growing shareholder value: a reset bp
Strategy fundamentally reset: reducing and reallocating capital expenditure, significantly reducing costs and driving ...
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 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 ...
FTSE 100 Live 26 February: BP slashes green energy spending, miners drive index rally
A strategy reset by BP today revealed a significant reverse in green energy spending.On the results front, Aston Martin ...
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BP "reset" to slash green spend aims and lift oil and gas investment
(Alliance News) - BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to "fundamentally reset strategy".