BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a ...
In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a ...
STORY: Sources say BP's chief executive is to scrap a target to increase renewable generation 20-fold by 2030.And will ...