BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its commitment to green energy. Under pressure chief executive Murray Auchincloss ...
Following low profits for Q3 2024, oil giant BP has divested investments from 18 of its early-stage hydrogen projects, as TechCrunch reported. Despite the gas' versatility and clean-energy potential, ...
BP is to axe middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary. "What you'll see with this ...