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.
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Energy Giant Backpedals On Green Goals, Plans To Shell Out Billions On Oil And Gas
In 2020, BP pledged to slash oil and gas output by 40% and increase renewables by 2023, and later lowered its reduction goal ...
BP to boost oil and gas investment to $10 billion, slashes green spending
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
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Nigeria’s NLNG to pay $380m to Vitol, Glencore after losing Taleveras case
Vitol and Glencore, two major commodity trading houses, will receive $380m in compensation after their gas supplier, ...
Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work
In a rare interview, Elliott Management founder Paul Singer talked about the hedge fund's activism process, market risks, and ...
Archaeological survey needed before redevelopment
An archaeological survey will have to be carried out in a town, before redevelopment work can take place. Telford and Wrekin ...