reuters bp news - Search News

BP drops target for cut in oil output in strategy reset

Exclusive: BP abandons goal to cut oil output, resets strategy

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.

Washington Examiner on MSN · 4h

BP to walk back oil and gas production output cuts

Oil and gas giant BP has abandoned its ambitious energy strategy, doing away with its goal to cut its oil and gas output by 2030, according to a new report.

Hosted on MSN · 9h

BP Abandoning Oil, Gas Output Cut Target, Report Says

KEY TAKEAWAYS BP reportedly has given up on its goal to cut oil and gas output by 2030, as the British energy giant's chief executive seeks to build back investor confidence in the company.According to Reuters,

13hon MSN

Equinor, Aker BP, Vaar face rising project costs, Norway budget shows

Equinor , Aker BP and Vaar Energi have raised their cost estimates for major oil and gas development projects on the ...

12hon MSN

BP abandons oil and gas pledge as it prepares to target Middle East

BP has reportedly abandoned its target to cut oil and gas production by 2030 as its new chief executive scales back a switch ...

7hon MSN

Anger over ‘BP abandoning goal to cut oil output’; 2,000 jobs saved, 1,000 lost, after TGI Fridays sale – as it happened

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

4d

Enbridge, Shell to build pipelines to service BP's Kaskida oil hub

Enbridge said on Thursday it would build and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results