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BP to boost oil and gas investment to $10 bn

Mint Kolkata

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February 27, 2025

P slashed investment in renewable energy and said on Wednesday that it will increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and shareholder returns.

- Reuters

P slashed investment in renewable energy and said on Wednesday that it will increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and shareholder returns. The oil major cut planned annual investment in energy its transition businesses by over $5 billion, from its previous forecast, to between $1.5 billion and $2 billion per year.

Mint Kolkata

यह कहानी Mint Kolkata के February 27, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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