The first BP filling station forecourt to be transformed into an EV-only charging station has been launched in Hammersmith, ...
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
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 ...
The company also revealed plans to increase investment in oil and gas by approximately 20% to $10bn (£7.9bn) annually as part of a significant strategy overhaul ...
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 ...
Drivers have seen months of rising fuel prices. Figures out last month showed that since the start of October the price per litre has increased by 5p for petrol and 6p for diesel. High fuel ...
At its investor day in London, CEO Murray Auchincloss is expected to scrap BP's plan to boost renewable capacity 20-fold by 2030, shifting focus toward oil and gas. The company is ... and its service ...
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BP to boost fossil fuel spending and consider future of electric car chargers despite U-turn backlashCampaigners from Global Witness have protested in London outside BP's headquarters, a BP petrol station, Parliament Square and the QEII Centre to slam the decision. The organisation accuses BP of ...
Under Auchincloss predecessor Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.
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