BP slashes renewables investment and boosts fossil fuel production
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...
BP takes the axe to investment in green energy in "shocking" strategy U-turn
BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...
BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
The fossil fuels giant said it would increase oil and gas investment by about 20% to £7.9 billion a year as part of a major ...
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".
BP set to cut renewable investment and boost oil and gas production
BP is set to slash its renewable energy investments to focus on increasing oil and gas production, according to new reports.
BP expected to roll back green energy pledges to boost profit
The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a ...
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BP to unveil strategy shakeup amid energy transition
British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...
Report: BP to drop renewable energy goals in favor of fossil fuels
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.