Good afternoon and happy Thursday, readers! In today’s edition of Daily on Energy, oil and gas are leading the news as Callie ...

Emmett Connaire, at InfluenceMap, the think tank that created the Carbon Majors analysis ... and governments worldwide to ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...

LONDON — British energy company BP confirmed Feb. 26 that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...

Reuters reported in October that BP had already dropped its target to cut oil and gas output by 2030. In recent years, BP’s shares have underperformed compared to its rivals. BP’s CEO Murray ...

Peter Dazeley / Contributor / Getty Images BP said it would invest more in oil and gas as it pivots away from its low-carbon strategy. BP said it would increase its annual oil and gas investment ...

British oil giant BP (BP) is pivoting its focus back to its core business of oil and gas while lowering spending on renewables. On Wednesday, the British energy giant announced it will increase ...

BP isn’t the only oil giant rolling ... The oil and gas sector accounts for a negligible share of clean energy investment,” ...

The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy plans. BP officials announced a “fundamental reset” Wednesday for the ...

Under Auchincloss’ predecessor, Bernard Looney, BP pledged in 2020 to cut oil and gas output by 40% while rapidly growing renewables by 2030. BP lowered the reduction target to 25% in 2023.

BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and Gas Again LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and ...