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Valor | Energy Connection – Feb. 24, 2025

Valor

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 24, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. GW capacity.

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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. 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 million and 2.5

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