Jobless claims hit 8-month high In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion.

"This latest shift ... ignores the company’s climate impact and exposes shareholders to greater stranded asset risk." BP ...

BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and Gas Again LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase ...