bp energy - Search News

BP to cut renewable energy targets

Fortune on MSN · 18h

How energy giant BP went from eco poster child to possible takeover target

For decades, BP—the U.K.-based oil and gas giant that is No. 25 on the Fortune Global 500—has tried to position itself as an energy company with the bigger picture in mind.From an eight-year advertising campaign in which it branded itself as “Beyond Petroleum,

Washington Examiner on MSN · 2d

BP to ditch renewable energy targets in effort to boost earnings

British oil giant BP reportedly will announce plans to abandon its renewable generation goals this week in an effort to boost earnings. BP CEO Murray Auchincloss will tell investors at the company’s capital market day on Wednesday that it will ditch its target to grow renewable generation capacity 20-fold by 2030 and instead refocus on

GlobalData on MSN · 1d

BP to cut renewable energy targets and focus on fossil fuels

BP is set to announce at the capital markets day that it is scaling back its 2030 renewables goal to 50GW instead of a 20-fold increase.

BP to Slash Spending on Net Zero Ventures

The Financial Times · 18h

BP pivots back to oil and gas after ‘misplaced’ faith in green energy

BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its aggressive shift away from fossil fuels over the past five years backfired.

The New York Times · 14h

BP to Focus More on Oil and Gas in Strategy ‘Reset’

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

The Associated Press - Busines… · 7h

BP to slash spending on net zero ventures as it focuses on oil and gas again

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging share price but has been met with incredulity from climate action campaigners.

14h

BP announces 'reset' with slashed renewables investments and $20 billion in divestments

In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.

2d

BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider ...

1don MSN

Report: BP to drop renewable energy goals in favor of fossil fuels

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

21hon MSN

BP takes the axe to investment in green energy in "shocking" strategy U-turn

BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results