It was more than 20 years ago that the then boss of BP reframed those famous initials as “Beyond Petroleum”. It was the first tentative step in transforming the company…
Tag: BP
UK: BP shuns renewables in return to oil and gas
BP has announcedit will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following pressure…
UK: BP set to scale back green investments as profits drop sharply
Oil giant BP has said it will “fundamentally reset” its strategy as profits dropped sharply last year. It is widely expected to say later this month that it will scale…