BP CEO says to ramp up Haynesville basin natural gas output, Reuters reports
At the CERAWeek conference in Houston yesterday, BP (BP) CEO Murray Auchincloss stated “With rising gas prices, the time has come for the Haynesville”, Reuters’ Ron Bousso reports. The company now ...
中国日报网13 天
Oil giant BP cutting green investment
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. [Photo/Agencies] ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.
BP refocuses on oil amid pressure from activist investor, cuts buybacks
In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...