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 to pivot back to oil, cut green spending in strategic reset but stock drifts lower
BP (NYSE:BP) -1.4% pre-market Wednesday after unveiling its anticipated strategic reset to raise annual oil and gas spending ...
BP Boosts Oil and Gas Spending as Energy Giant Pivots From Low-Carbon Focus
KEY TAKEAWAYS BP said it would invest more in oil and gas as it pivots away from its low-carbon strategy.BP said it would ...
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BP ditches climate targets in pivot back to oil and gas
BP will increase oil and gas investment to around $10 billion per year, making up two-thirds of capital expenditure, it added ...