BP, Renewable Energy

BP to ditch renewable energy targets in effort to boost earnings
British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. BP CEO Murray Auchincloss will tell investors at the company’s capital market day on Wednesday that it will ditch its target to grow renewable generation capacity 20-fold by 2030 and instead refocus on
BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure
A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider sources told Reuters the
BP to drop renewables goals and shift focus back to fossil fuels
BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.
Daily on Energy: Iran oil sanctions tightened, BP retrenches on renewables goals, and the week ahead
Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by taking a look at new sanctions imposed by the Trump administration on Iran and its so-called “shadow fleet” of oil tankers.
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings,
BP Set to Scrap Renewable Energy Goal as It Boosts Oil and Gas
BP is expected to announce a strategic shift back to oil and gas, abandoning its previous target to significantly expand renewable energy capacity.
BP 'set to scrap' flagship 50GW renewable energy target
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BP poised to abandon renewable goals and return focus to fossil fuels - Reuters
BP (NYSE:BP) will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a strategy shift to be announced this week at its capital markets day investor update to tackle investor concerns over earnings,
BP to abandon green energy target and ramp up oil
BP will this week abandon plans to radically increase green energy generation and instead ramp up oil production, according ...
BP reverses course on renewables, focuses on oil and gas amid investor pressure
BP’s Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move ...
BP to abandon pledge to cut oil and gas output as boss fights for group’s survival
CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had ...
BP Just Ditched Its Green Pledge--Why This Energy Giant Is Betting Big on Oil Again
BP is scrapping its massive renewable energy targets and doubling down on fossil fuels--here's what it means for investors.
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) ...
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Arket’s clothing repair initiative and Lightsource bp’s 1.3GW renewable energy deals: The sustainability success stories of the week
Discover this week's top sustainable business stories like Arket's clothing repair initiative, driving a greener future with ...