BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...
The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.
In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a ...
BP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 ...
STORY: Sources say BP's chief executive is to scrap a target to increase renewable generation 20-fold by 2030.And will ...