EMEA > BP drops goal to cut oil and gas output, targets new fossil investments -media

BP drops goal to cut oil and gas output, targets new fossil investments -media

Published 13:05 on October 7, 2024  /  Last updated at 13:05 on October 7, 2024  / /  EMEA, International, US

BP has reportedly abandoned its goal to cut oil and gas output by a quarter by 2030 and is instead eyeing investments to scale up output, as management resets the company's energy transition strategy in a bid to regain investor confidence.
BP has reportedly abandoned its goal to cut oil and gas output by a quarter by 2030 and is instead eyeing investments to scale up output, as management resets the company's energy transition strategy in a bid to regain investor confidence.


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