Mint19d
BP to slash green spending, pivot back to oil
LONDON: BP said it would boost oil-and-gas production ... administration’s climate-focused initiatives soon after taking office in January. BP began to row back on some of its green commitments ...
London Evening Standard20d
BP expected to roll back green energy pledges to boost profit
The strategy update will take place at BP’s head office in London, with Mr Auchincloss expected to start speaking at 1pm. James Alexander, chief executive of the UK Sustainable Investment and ...
Reuters22d
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
BP's annual earnings have lagged behind competitors such as Shell, Exxon, and Chevron Since taking office, Auchincloss has slowed investments in renewables and announced plans to cut costs and ...
Euronews20d
BP expected to scrap renewables targets as part of performance reset
At an investor day in London on Wednesday, BP will also share plans to divest ... spending and sell wind and solar assets. Since taking office, Auchincloss has slowed investments in renewables ...
Fast Company22d
BP to drop renewables goals and shift focus back to fossil fuels
The capital markets day was originally scheduled for February 11 in New York, but was changed to Wednesday in London ... BP lowered the reduction target to 25% in 2023. Since taking office ...
The Independent19d
BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy
Despite share price concerns, BP remains the sixth-biggest listed company on the London Stock Exchange by ... Within days of returning to office, President Trump signed a number of executive ...
rudaw20d
BP finalizes deal with Iraq to rehabilitate Kirkuk fields
ERBIL, Kurdistan Region - British energy giant BP signed an agreement ... from Sudani's office. In January, the Iraqi premier led a delegation on an official visit to London where they signed ...
This is Local London11d
BP chief takes more than £2.3m pay cut after slump in profit
BP chief executive Murray Auchincloss took a ... reset to recover from a medical procedure before returning to the office in February. In his annual letter, Mr Auchincloss wrote: “This ...
Investing21d
Exclusive-BP to ditch renewables goals and return focus to fossil fuels
The capital markets day was originally scheduled for February 11 in New York, but was changed to to Wednesday in London ... BP lowered the reduction target to 25% in 2023. Since taking office ...
Yahoo Finance21d
BP expected to scrap renewables targets as part of performance reset
At an investor day in London on Wednesday, BP will also share plans to divest assets and cut ... down green energy spending and sell wind and solar assets. Since taking office, Auchincloss has slowed ...
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 bid to boost profit.