The British energy giant’s strategy—the biggest overhaul in its 111-year history—calls for a 40% reduction in oil-and-gas production over the coming decade
BP PLC has unveiled the most aggressive plans yet by a major oil company to pivot toward cleaner energy. But the revamp has so far failed to ignite enthusiasm among investors despite growing interest in renewables.
, greater investment in low-carbon energy and a ramp-up in wind and solar power. No other major oil company has targeted such a steep decline in their main source...
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