BP Announces Largest Discovery in 25 Years as It Shifts Focus Back to Fossil Fuels
BP makes biggest find in 25 years as it refocuses on fossil fuels Energy giant BP says it has made its largest oil and gas discovery this century as it shifts its focus away from renewable energy and back to fossil fuels. The UK-based firm said on Monday that it is conducting tests at the […]
BP Reduces Focus on Energy Transition, Discontinues Oil and Gas Goals
BP scales back its energy transition, abandons oil and gas targets Oil major bp has pulled back from its promise to cut oil and gas output by 40% while rapidly growing renewables by 2030 as a way to regain the confidence of investors, although it continues to target net-zero emissions by 2050. Murray Auchincloss, who […]