The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...
The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...
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Hosted on MSNBP drops climate targets in pivot back to oil and gasOil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to ...
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 will redevelop 3 billion barrels of oil equivalent across five fields in Iraq, all of which are currently operated by ...
BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...
Global Witness' investigative campaigners have taken aim at BP's u-turn on its green promises with ad van billboards around ...
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 ...
European energy company BP announced Wednesday that it is cutting back on green energy goals and is instead refocusing on ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
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