Oil and gas giant BP wants to sell stake in Lightsource BP just four months after completing full takeover of the renewables developer. New “strategy reset” will also cut company’s investment in ...
The energy giant is betting big on fossil fuels again, slashing green investments and setting the stage for a major shake-up.
BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP announced Wednesday that it will increase annual investments in oil and gas to $10 billion through 2027, marking a ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...
British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once ...
Chief executive Murray Auchincloss has succumbed to pressure from shareholders to reduce BP' exposure to the lower margin ...