SHOCKING: 22 - You Need To See This

Museums defend BP sponsorship after firm abandons climate targets

British Museum and Science Museum said BP’s decision to grow fossil fuel investment would not alter relationship

The Guardian - UK · Feb 27, 2025

Dirtier BP is still miles away from resetting its share price

Fossil fuel giant’s strategic U-turn may be far-reaching but even after ditching climate goals the shares fell

The Guardian - UK · Feb 26, 2025

Why has BP pulled the plug on its green ambitions?

Oil firm abandons plan to become net zero energy company as its CEO claims strategy went ‘too far, too fast’

The Guardian - UK · Feb 26, 2025

BP to slash spending on net zero ventures as it focuses on oil and gas again

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production

The Independent UK · Feb 26, 2025

BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus

The fossil fuels giant said it would increase oil and gas investment by about 20% to £7.9 billion a year as part of a major strategy update.

Evening Standard · Feb 26, 2025

BP blames ‘misplaced’ faith in green transition for its renewed focus on fossil fuels

CEO Murray Auchincloss says ‘fundamental reset’ will mean cut of more than £4bn to low-carbon investment plan

The Guardian - UK · Feb 26, 2025

BP takes the axe to investment in green energy in "shocking" strategy U-turn

Rethink comes five years after BP set ambitious targets to cut production of oil and gas by 40% by 2030

Evening Standard · Feb 26, 2025

BP expected to roll back green energy pledges to boost profit

The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.

Evening Standard · Feb 26, 2025

BP signs $25bn deal to redevelop Iraq’s oil and gasfields as it slashes investments in renewable energy

BP previously committed to cut oil and gas production by 40 per cent by 2030

The Independent UK · Feb 26, 2025

BP to slash renewable energy generation to pivot to fossil fuels

OIL and gas company BP is expected to ditch a target to ramp up renewable energy generation by 2030 in a bid to pivot back towards fossil fuels and…

The National (Scotland) · Feb 26, 2025