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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.

Business & Finance Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
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Fear 😨

Happiness 😊 - 10%
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Anger 😡 - 10%
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Surprise 😲 - 15%
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Sadness 😢 - 5%
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Fear 😨 - 60%
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Mentions in context

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😨 Fear

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

Author
🤔 neutral

bp CEO who announced the strategic reset of the company.