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.
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production.
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