BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same
Rextag
MARCH 3, 2025
Several new major oil and gas projects are set to launch by the end of 2027. Investor Demands for Stronger Financial Performance BP has faced pressure from activist investor Elliott Management, which took a $4 billion stake in the company to push for higher returns. The company aims to boost daily oil and gas production to between 2.3
40 
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