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BP drops target for cut in oil output in strategy reset
LIVE
Anger over ‘BP abandoning goal to cut oil output’; 2,000 jobs saved, 1,000 lost, after TGI Fridays sale – as it happened
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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,
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.
Anger over ‘BP abandoning goal to cut oil output’; German factory orders slide – business live
BP CEO Murray Auchincloss has dropped a target to cut oil and gas output by 2030, reports Reuters. BP’s CEO Murray Auchincloss may hope to close the valuation gap with its rivals in the energy industry by watering down its commitment to sustainability goals.
BP to walk back oil and gas production output cuts
Oil and gas giant BP has reportedly dropped its goals for cutting oil and gas output by 2040 as it shifts away from an ambitious clean energy strategy in light of sustained global demand for fossil fuels.
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.
9h
on MSN
BP shifts gears, scales back renewables to regain investor trust: report
BP is shifting its strategy by abandoning a key 2030 oil and gas output reduction target. CEO Murray Auchincloss aims to ...
6h
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 ...
Energy Live News
7h
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 ...
Upstream
13h
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 ...
7h
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 ...
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 ...
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, ...
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 ...
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