Business ❯ Energy ❯ Oil and Gas

Corporate Strategy

Investment Plans BP Investment Decisions Emissions Reduction Market Dynamics Market Trends Job Cuts Activism Low-Carbon Operations Financial Performance Earnings Management Workforce Management Murray Auchincloss Production Targets Production Goals

BP Resets Strategy, Scaling Back Renewables to Focus on Oil and Gas

The energy giant announces a major shift, cutting renewable investments and increasing fossil fuel production amid shareholder pressure.

BP to Shift Focus Back to Fossil Fuels, Dropping Key Renewable Energy Targets

BP to Overhaul Strategy Following Profit Decline and Investor Pressure

BP Announces 4,700 Job Cuts in Global Workforce Streamlining

BP Forms $5.8 Billion Offshore Wind Joint Venture with JERA

BP Shifts Strategy, Drops 2030 Oil Output Reduction Target