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BP to ditch renewables goals and return focus to fossil fuels

Wednesday, February 26 2025

Fossil Energy – bp

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, two sources told Reuters.

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Filed Under: BP, International projects, Oil and Gas, strategic shift Tagged With: BP, Oil and Gas, strategic shift

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