BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
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 to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
BP Stock Drills Lower as it Reshuffles Board to Keep Activist Elliott Happy
Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...