BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas
BP, the energy giant, on Wednesday said it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy. The move appears to…
BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings. The shift comes after a…