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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,
BP scales back its energy transition, abandons oil and gas targets
Offshore Technology previously reported that the energy giant was pondering a move away from renewables in the hope of better longer-term financial returns.
BP set to axe 2030 target for oil and gas output cuts
It marks the latest retreat from the oil supermajor's green commitments under chief executive
Murray
Auchincloss
, who is looking to win back investor confidence amid weak share price performance and moderating energy prices. Under previous CEO Bernard ...
BP drops oil output target in strategy reset, sources say
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 drops target for cut in oil output in strategy reset: sources
STORY: BP has abandoned a target to cut oil and gas output by 2030.Three sources told Reuters of the new approach.They said CEO Murray Auchincloss is scaling back the firm's energy transition strategy to regain confidence from investors.
BP said to eye raising oil production as it scales back clean energy strategy
BP (NYSE:BP) is scaling back its energy transition strategy and will drop its ambitious target of cutting oil and gas production by 2030, with plans to raise its output instead, sources with knowledge of the matter told Reuters.
Exclusive: BP drops oil output target in strategy reset, sources say
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.
5h
on MSN
BP shifts gears, scales back renewables to regain investor trust: report
BP has scrapped its commitment to cut oil and gas production as CEO Murray Auchincloss shifts the focus back to traditional ...
Upstream
9h
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 ...
3d
Anant Ambani, Murray Auchincloss open Jio-bp's 500th EV-charging station
Reliance Industries Limited (RIL) director Anant Mukesh Ambani and BP CEO Murray Auchincloss inaugurated the 500th Jio-bp ...
cnbctv18
11d
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 ...
devdiscourse
11d
Jio-bp Celebrates Milestone with 500th EV Charging Station in Mumbai
Anant Mukesh Ambani and Murray Auchincloss inaugurate Jio-bp's 500th EV charging station. The joint venture between Reliance ...
11d
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 ...
11d
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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