BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy

U.K.-headquartered energy giant BP has introduced what it calls a “fundamentally reset” strategy focusing on more investments in the oil and gas sector and limiting those related to energy transition. The post BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy appeared first on Offshore Energy.

Feb 27, 2025 - 03:30
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BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy

U.K.-headquartered energy giant BP has introduced what it calls a “fundamentally reset” strategy focusing on more investments in the oil and gas sector and limiting those related to energy transition.

The post BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy appeared first on Offshore Energy.

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