BP has replaced its pro-Net Zero chairman as it faces pressure from shareholders to switch its focus away from renewables after its disastrous 2020 commitment to cut hydrocarbon output by 40%.…
Tag: Beyond Petroleum
BP Faces “Existential Crisis” After Ruinous Attempt to Go Green
BP’s green pivot has backfired spectacularly, hammering profits and leaving the company vulnerable to a hedge fund siege, writes Jonathan Leake in the Telegraph.
Beyond Petroleum Part Deux: “BP sees ‘peak oil’ in 2020s”
Guest “Looney Toons” by David Middleton OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020sSeptember 14, 2020 LONDON (AP) — Developing countries’ difficulty in containing the spread of…
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