BP falls back on petroleum, admits ‘misplaced’ faith in renewables
By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.
BP to expand board as part of pivot back to oil and gas - FT
BP (NYSE:BP) plans to add two new directors to help it pivot back to oil and gas, Financial Times reported Tuesday, as Chair ...
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BP is ripe for change – but can its leaders deliver?
Shackled by its renewables ambitions, BP has been spending heavily on low-carbon ventures that offer lower returns compared with its core oil and gas business. Its profitability, and valuation ...