BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
Upstream56m
'Too far, too fast': BP reveals strategy reset
Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...
BP to slash renewables spending in pivot back to oil and gas
BP has returned to its oil and gas roots, pledging to slash spending on renewable energy as it tries to catch up with rivals, ...
eNCA42m
BP ditches climate targets in pivot back to oil and gas
BP will increase oil and gas investment to around $10 billion per year, making up two-thirds of capital expenditure, it added ...
Rigzone35m
BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks
In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...