Reuters on MSN12m
BP cuts renewable investment and boosts oil and gas in strategy shift
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP slashes ‘net zero’ renewable energy spending by $5 billion, turns to fossil fuels: What’s behind the strategy shift?
BP slashes ‘net zero’ renewable energy spending by $5 billion, turns to fossil fuels: What’s behind the strategy shift?
BP cuts renewable energy investments, boosts fossil fuel production
BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding ...
i20m
All the green measures BP is abandoning in drive for profits
BP has confirmed it will abandon its green renewable power ambitions by increasing its oil and gas investment to $10bn a year ...
Morning Star57m
BP slashes renewable investments by £3.9bn while ramping up oil and gas operations
BP announced today that it will cut spending on renewable energy investments by £3.95 billion a year, instead focusing on ...
BP to Slash Green Spending, Pivot Back to Oil — Commodities Roundup
"It's a radical shift," Chief Executive Murray Auchincloss said in an interview. BP would focus on pumping more oil in the U.S., where the company is a big offshore producer, and in Middle Eastern ...