EMEA > BP scales back plans for biofuel projects, focuses on oil

BP scales back plans for biofuel projects, focuses on oil

Published 11:14 on July 30, 2024  /  Last updated at 11:14 on July 30, 2024  / Paddy Gourlay /  EMEA

BP tilted further away from the energy transition as it published bumper second quarter results, announcing it was scaling back plans for new biofuels projects and investing in Gulf of Mexico oil production, a month after it emerged that it has put further investment in offshore wind projects on pause.
BP tilted further away from the energy transition as it published bumper second quarter results, announcing it was scaling back plans for new biofuels projects and investing in Gulf of Mexico oil production, a month after it emerged that it has put further investment in offshore wind projects on pause.


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