Bp Is A British Petroleum Company Video
BP Financial Stock Review: Undervalued British Oil \u0026 Gas Stock: $BP Bp Is A British Petroleum Company.
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. No other major oil company has targeted such a steep decline in their main source of profit. The year-old BP lifer, who took the helm in Februarysaid the company would see its income from oil, gas and refining decline afterbut that the reduction would be more than offset by growth from gas stations, charging points and retail sites. His comments came as BP issued a bleak outlook for oil, saying demand could have already peaked and that it would potentially never recover to pre-pandemic levels.
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Meanwhile, BP forecast booming growth for renewable power. Skip to Main Content Skip to Search.
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