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
Once a major focus, offshore wind projects are now part of a joint venture with Japans Jera. The broader energy industry has struggled with high costs, supply chain disruptions, and regulatory uncertainty in renewable energy projects. market, prompting a strategic retreat from the sector.
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