BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...
In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.
BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...
The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy ...
BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?