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.
Reuters15d
BP cuts renewable investment and boosts oil and gas in strategy shift
BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...
Morningstar15d
BP's going back to petroleum as it plans more oil spending and production
Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels. Unveiling a delayed strategy ...
Yahoo Finance1mon
BP Q4 Results: Lower Revenue, Rising Debt, CEO Pledges Fundamental Strategy Shift And More
BP PLC (NYSE:BP) shares are trading lower after the company reported fourth-quarter results. Sales and other operating revenues came in at $45.752 billion, missing the consensus of $47.511 billion.