BP Walks Back Green Targets Amid Market Realities ...Middle East

OILPRICE - Economy
BP Walks Back Green Targets Amid Market Realities
In February 2020, then-brand-new chief executive Bernard Looney told the world that one of the oldest and biggest oil companies in the world was going to become a net-zero company by 2050. To achieve this, it would slash its oil and gas production by 40% by 2030. Four years and one major crisis later, BP is abandoning not only the original production cut target of 40%, but also a revised, lower target of 25%. BP, in other words, is returning to its roots. And commodity investors who are not paying attention should be—and so are transition…

Hence then, the article about bp walks back green targets amid market realities was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP Walks Back Green Targets Amid Market Realities )

Apple Storegoogle play

Last updated :

Also on site :



Latest News
before 12 hour & 25 minute