The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.
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Hosted on MSNBP To Lift Fossil Fuel Production, Curb Energy Transition Spending: Retail Has Mixed FeelingsBP’s U.S. shares (BP) closed 1.7% lower on Wednesday after the company said it would raise its oil and gas production and ...
Julian Wentzel, who was appointed chief sustainability officer at Europe’s largest bank this month, says an overly ...
BP’s shift back to fossil fuels, a move that disappoints environmental campaigners, reflects growing market pressures and ...
Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
BP’s major shift in strategy should enable it to achieve very high earnings growth which should power its share price and ...
Castrol India shares are in focus on February 27 as oil major BP said it is looking at strategic review of its global ...
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...
LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26) ...
This latest scaleback comes as BP faces pressure from activist investor Elliott Management, which reportedly took a 5% share ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
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