bp has announced a strategic shift to boost investments in fossil fuels while significantly cutting back on spending for renewable energy, with plans to allocate $10 billion annually towards oil and gas through 2027.
Sam Meredith, In Samuelmeredith
02/26/2025 12:00:00 AM
Business & Finance

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Fear 😨
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😨 Fear
bp announced plans to increase investment in oil and gas and lower spending on renewable energy.

🤔 neutral
bp CEO who announced the strategic reset of the company.