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BP, renewable

Exclusive: BP to ditch renewables goals and return focus to fossil fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings,

YAHOO!Finance · 4h

BP to cut renewable energy targets and focus on fossil fuels

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.

Hosted on MSN · 1d

BP reverses course on renewables, focuses on oil and gas amid investor pressure

BP’s Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy generation by 2030.

Business Insider · 1d

BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider sources told Reuters the

Seeking Alpha on MSN · 1d

BP poised to abandon renewable goals and return focus to fossil fuels - Reuters

BP (NYSE:BP) will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a strategy shift to be announced this week at its capital markets day investor update to tackle investor concerns over earnings,

BP to abandon pledge to cut oil and gas output

The Financial Times · 16h

BP to abandon pledge to cut oil and gas output as boss fights for group’s survival

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday, said people familiar with the plan, as chief executive Murray Auchincloss battles to convince activist Elliott Management that he can turn around the energy major.

The Irish Times · 10h

BP to abandon pledge to cut oil and gas output as chief fights for group’s survival

BP will abandon its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday, said people familiar with the plan, as chief executive Murray Auchincloss battles to convince activist Elliott Management that he can turn around the energy major.

Business Insider · 10h

BP to drop pledge to cut oil and gas output amid Elliott battle, FT reports

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday

6d

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

6d

BP Considers Castrol Sale as Elliott Turns Up the Heat

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

Stocktwits on MSN6d

BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused

BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling ...

4h

BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP's Strategy Reset: 5 Things to Watch

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

6d

BP: 5 Levers To Pull At The Investor Day

Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...

1d

BP Just Ditched Its Green Pledge--Why This Energy Giant Is Betting Big on Oil Again

BP is scrapping its massive renewable energy targets and doubling down on fossil fuels--here's what it means for investors.

1d

Lubricant Giant Announces190% Dividend! Stock Surges 22% This Month; Record Date Revealed! Check Now

Castrol India, a leading player in the lubricants industry and a constituent of the BSE 500 index, has announced a ...

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