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British energy giant BP received a sharp rebuke from its investors at the 2025 Annual General Meeting in Sunbury-on-Thames — and the move sheds light on how harnessing the power of the dollar can be ...
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 ...
British energy company BP confirmed on Wednesday, February 26, 2025, that it would slash spending on ‘net zero’ and green ventures and increase its oil and gas production. BP's strategic ...
BP has announced plans to cut spending on net-zero transition businesses by over $5bn (£3.95bn) annually, while significantly boosting its oil and gas operations. Despite the cuts, the fossil ...
and our ambition to become a Net Zero company by 2050 or sooner and help the world get to Net Zero.” Under then CEO Bernard Looney, BP promised to transform itself from an International Oil Company to ...
In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase ...
These tips can help ‘Lilo & Stich’ delivers a box office boom In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 ...
In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase its ...