BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
STORY: BP has slashed planned investment in renewable energy.And said it would increase annual oil and gas spending to $10 ...
The energy giant will announce its strategy later after rivals also rowed back on green energy plans.
The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...
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