BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves into ...
Since the Deepwater Horizon rig's explosion in April, BP has done everything to convince members of the Congress, investors, stakeholders and the American public that it remains committed to ...
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BP Shifts Strategy Back Toward Oil Production
BP, the energy giant that once rebranded itself as “Beyond Petroleum” in a push toward renewable energy, has reversed course and is now ramping up its oil and gas production while divesting from some ...
It’s been almost 25 years since BP Plc attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally friendly image. But with a recent swing away from green energy toward its ...
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