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BP, renewable and fossil fuels

BP to drop renewables goals and shift focus back to fossil fuels

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.

invezz on MSN · 3h

BP reverses course on renewables, focuses on oil and gas amid investor pressure

BP’s Chief Executive Officer has reportedly made a significant strategic shift, opting to refocus on fossil fuels and move away from the previous target of a 20-fold increase in renewable energy generation by 2030.

Reuters on MSN · 2h

Exclusive-BP to ditch renewables goals and return focus to fossil fuels

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,

Seeking Alpha on MSN · 3h

BP poised to abandon renewable goals and return focus to fossil fuels - Reuters

BP (NYSE:BP) will scrap its target to increase renewable generation 20-fold by 2030 and return its focus to fossil fuels, as part of a strategy shift to be announced this week at its capital markets day investor update to tackle investor concerns over earnings,

Business Insider · 5h

BP Will Reportedly Cut Renewable Energy Goals Amid Market & Investor Pressure

A new report claims BP (BP) has lost interest in renewable energy as it refocuses on its fossil fuel business. Insider sources told Reuters the

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

BP Just Ditched Its Green Pledge--Why This Energy Giant Is Betting Big on Oil Again

BP is scrapping its massive renewable energy targets and doubling down on fossil fuels--here's what it means for investors.

BP Considers Castrol Sale as Elliott Turns Up the Heat

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP weighs potential sale of Castrol Lubricants unit amid Elliott push

A sale of the business is one of the many options BP is considering to win back investor confidence after years of under ...

BP: 5 Levers To Pull At The Investor Day

Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...

BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says

BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from ...

BP to abandon renewables targets - report

BP is set to abandon its target of increasing renewable energy capacity 20-fold by 2030, it was reported on Monday, shifting ...

Yahoo Finance5d

bp considers Castrol lubricants business sale

BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn, reported Bloomberg. The potential divestment comes as the oil giant ...

10d

BP’s overhaul can start with a new Chair

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

Seeking Alpha5d

BPKKF BP Castrol K.K.

BP Castrol K.K., together with its subsidiaries, manufactures and sells automotive lubricants in Japan. The company offers gasoline and diesel engine oil, automotive gear oil, lake fluid ...

Lubricant Giant Announces190% Dividend! Stock Surges 22% This Month; Record Date Revealed! Check Now

Castrol India, a leading player in the lubricants industry and a constituent of the BSE 500 index, has announced a ...

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