BP reveals £3.7bn hit from botched net zero transition

The update comes as BP is ditching its expensive bet on net zero following a backlash from shareholders. Bernard Looney, the ...

BP shares fall as net zero plans trigger hit of up to $5bn

Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025, primarily due to lowering the value of ...
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BP to slash spending on net zero ventures as it focuses on oil and gas again

LONDON — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...
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BP and Shell scale back transition

Shell has streamlined its low-carbon businesses, scaling back hydrogen for transport in certain markets and refocusing power ...
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BP to slash spending on net zero ventures as it focuses on oil and gas again

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — British energy company BP ...