BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas

Stanley Reed, More About Stanley Reed

02/26/2025 12:00:00 AM

bp is transforming its investment strategy by prioritizing oil and gas over clean energy, amidst investor pressure and disappointing returns on renewables.

Business & Finance BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas

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😡 Anger

bp has announced a significant shift in investment strategy towards oil and gas.

😲 Surprise

murray auchincloss, bp’s chief executive, announced the strategy reset.