Why BP’s Elimination Of 2030 Oil Reduction Target Is No Real Surprise
BP said Monday it will drop a pledge to cut its oil production 25% by 2030. Critics slammed the move, but should not be surprised by it.
BP abandons oil and gas pledge as it prepares to target Middle East
BP has reportedly abandoned its target to cut oil and gas production by 2030 as its new chief executive scales back a switch to green energy to boost its share price. Murray Auchincloss, who took over from Bernard Looney in January,
Exclusive-BP drops oil output reduction target in strategy reset, sources say
By Ron Bousso LONDON (Reuters) -BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.
bp abandons 2030 oil output cut as CEO scales back energy transition
Middle East and the Gulf of Mexico to boost its oil and gas production. bp abandons 2030 oil output cut as CEO scales back energy transition. . News.
BP drops goal to reduce oil and gas output
When unveiled in 2020, BP's strategy was the sector's most ambitious with a pledge to cut output by 40% while rapidly growing renewables by 2030.
BP to walk back oil and gas production output cuts
Oil and gas giant BP has reportedly dropped its goals for cutting oil and gas output by 2040 as it shifts away from an ambitious clean energy strategy in light of sustained global demand for fossil fuels.
BP Ditches 2030 Oil Output Cut in Shift Back to Hydrocarbons
BP plc BP is pivoting away from its aggressive emission reduction goals as it scrapped plans to cut oil and gas production by 2030, per a Reuters report. The U.K.-based energy giant aims to increase production,
BP abandons goal to cut oil output, resets strategy
BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.
BP Abandoning Oil, Gas Output Cut Target, Report Says
KEY TAKEAWAYS BP reportedly has given up on its goal to cut oil and gas output by 2030, as the British energy giant's chief executive seeks to build back investor confidence in the company.According to Reuters,
BP shifts gears, scales back renewables to regain investor trust: report
BP is shifting its strategy by abandoning a key 2030 oil and gas output reduction target. CEO Murray Auchincloss aims to ...
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Green groups angry at BP scrapping 2030 target
BP spent $2.5bn (£1.9bn) on renewables, hydrogen, EV charging and biofuels in 2023. It has also invested in 6GW of offshore ...
Anant Ambani, Murray Auchincloss inaugurate Jio-bp's 500th EV charging station at Jio World Centre in Mumbai
The new charging station will serve the Nita Mukesh Ambani Cultural Centre, Jio World Plaza, and Jio World Convention Centre, ...
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BP and ExxonMobil discuss exploration plans with Egypt's top petroleum official
BP chief executive, Murray Auchincloss, and John Ardill, ExxonMobil’s head of global exploration, hold talks in London with ...
BP sees growing opportunities in India: CEO Murray Auchincloss
BP's global CEO Murray Auchincloss highlighted growing business opportunities in India, citing their partnership with ...
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Jio-bp hits 5,000 EV chargers as Anant Ambani and Murray Auchincloss unveil 500th station at Mumbai’s BKC
Anant Ambani and Murray Auchincloss inaugurated Jio-bp’s 500th EV-charging station in Mumbai, marking the installation of ...