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BP to Slash Green Spending

BP cuts renewable investment and boosts oil and gas in strategy shift

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and investor confidence.

Seeking Alpha on MSN · 2d

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 to $10B while cutting planned spending in energy transition businesses by more than $5B from its previous forecast to $1.

Mint · 2d

BP to slash green spending, pivot back to oil

LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its flagging share price.

Socialist Worker1d

BP says it will only focus on profit as climate chaos accelerates

The BP oil and gas giant has confirmed that it plans to slash spending on renewable energy projects by £4 billion per year.

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Tennessee drivers are stuck with expensive repairs after getting bad gas from a BP station

Most people are carefree when using gas station pumps to fill up their vehicles. Sure, everyone is on the lookout for cheap prices, but many drivers don’t fear that their gas could somehow have water ...

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BP to Slash Green Spending

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