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BP promises fundamental reset

Marketplace · 2d

Oil giant BP promises a “fundamental reset.” What will that look like?

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting political climate.

The New York Times · 3d

BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.

Yahoo Finance · 3d

BP vows ‘fundamental reset’ as it retreats from net zero

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all investment into renewable energy as part of a “fu

4d

BP CEO Says Oil Major’s Big Reset Has Been a Year in Making

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

2d

US raider demands green energy sell-off at BP

BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...

4don MSN

BP Touts ‘New Beginning,’ Fundamental Change in Strategy

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

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