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Valor | Energy Connection – Feb. 24, 2025

Valor

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

million barrels per day by 2030. BPs Remaining Commitments to Renewables While BP is cutting back on renewable investments, it is not abandoning green energy entirely: Wind and Carbon Capture Projects BP continues work on three UK-based offshore wind farms and carbon capture initiatives. million and 2.5

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