BP plans to cut back its renewable tasks and ramp up oil and fuel manufacturing | Business Live
Join Business Live as BP has introduced plans to "fundamentally reset" its technique – with the corporate scaling again its renewable tasks and growing oil and fuel manufacturing.
Under the plans, it should enhance oil and fuel funding to 10 billion {dollars} per 12 months.
And it should scale back funding in renewable know-how comparable to biofuels and EV charging to 1.5 to 2 billion {dollars} a 12 months – down from greater than 5 billion {dollars} below the earlier steerage
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