A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets.

BP’s carbon-cutting target, announced in 2020 ... opportunity” and confirmed that the company still wants to meet net-zero carbon emissions by 2050. BP’s change of strategy is facing ...

Jobless claims hit 8-month high In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion.

Oil major bp has pulled back from its promise to cut ... although it continues to target net-zero emissions by 2050. Murray Auchincloss, who was appointed CEO at the start of the year, is now ...

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, ...

STORY: BP has abandoned a target to cut oil and ... Though the company continues to target net zero emissions by 2050. The sources added Auchincloss will present his updated strategy at an ...

A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets. The H2Teesside scheme, announced in 2021 by the company’s then ...

BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and ... or even make it a takeover target. The influential U.S. hedge fund Elliott Management recently took a nearly 5% stake in ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses ... or even make it a takeover target. The influential U.S. hedge fund Elliott ...