BP, Renewable Energy

BP to drop renewables goals and shift focus back to fossil fuels
BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.
BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure
A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider sources told Reuters the
BP poised to abandon renewable goals and return focus to fossil fuels - Reuters
BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a strategy shift to be announced this week.
BP Set to Scrap Renewable Energy Goal as It Boosts Oil and Gas
BP is expected to announce a strategic shift back to oil and gas, abandoning its previous target to significantly expand renewable energy capacity.
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings,
Daily on Energy: Iran oil sanctions tightened, BP retrenches on renewables goals, and the week ahead
Good afternoon and Happy Monday, readers! In today’s edition of Daily on Energy, Callie and Maydeen kick off the week by taking a look at new sanctions imposed by the Trump administration on Iran and its so-called “shadow fleet” of oil tankers.
BP to abandon pledge to cut oil and gas output as boss fights for group’s survival
CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had ...
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BP Set to Scrap Oil and Gas Production Cuts
BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.
BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
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‘Line in the sand’ or ‘more of the same’: What's in store at upcoming BP capital markets event
Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...
BP: 5 Levers To Pull At The Investor Day
Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
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Results reported on large Aker BP exploration prospect
One of Aker BP's largest oil exploration prospects this year has been drilled in the Norwegian Sea with a disappointing ...
BP Has a Final Chance to Return to Big Payouts
I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) ...