The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
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BP to cut renewable energy targets and focus on fossil fuelsIt also suggested that bp could benefit from divesting its Castrol lubricants and service stations to unlock value and boost ...
BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
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 Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
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