BP drops target for cut in oil output in strategy reset: sources
STORY: BP has abandoned a target to cut oil and gas output by 2030.Three sources told Reuters of the new approach.They said CEO Murray Auchincloss is scaling back the firm's energy transition strategy to regain confidence from investors.
Once, these sorts of corporate pledges were all the rage. Now companies are starting to admit they weren’t serious.
Oil and gas giant BP has reportedly dropped its goals for cutting oil and gas output by 2040 as it shifts away from an ...
BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the ...
Oil prices tumbled early on Tuesday morning, with geopolitical risk failing to translate into a significant supply disruption ...
Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP , prohibiting Kosmos from selling to third ...
BP is shifting its strategy by abandoning a key 2030 oil and gas output reduction target. CEO Murray Auchincloss aims to ...
BP is abandoning its target to reduce oil and gas production by 2030 and increasing investments in fossil fuels to boost ...
BP has disclosed plans to implement an additional $3.5 billion share buyback program for the second half of 2024, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback