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BP drops target for cut in oil output in strategy reset
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 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 drops 2030 oil output reduction target
The energy giant has decided to abandon its target to reduce oil and gas production by 2030, opting instead for a revised strategy
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 set to axe 2030 target for oil and gas output cuts
The oil supermajor's chief executive, Murray Auchincloss, is looking to win back confidence among investors concerned about the firm's share price shrinking amid moderating energy prices.
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 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.
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Anger over ‘BP abandoning goal to cut oil output’; 2,000 jobs saved after TGI Fridays sale – business live
BP CEO Murray Auchincloss has dropped a target to cut oil and gas output by 2030, reports Reuters. Breaking: More than 2,000 ...
Upstream
11h
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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