Energi

BP’s strategy blows in the wind

BP this week pivoted … again.

When BP chief executive Bernard Looney announced the pivot away from oil and gas in 2020, fossil fuel prices were weakening fast, ESG investment was ascendant and renewables groups were attracting eye-watering valuations.
When BP chief executive Bernard Looney announced the pivot away from oil and gas in 2020, fossil fuel prices were weakening fast, ESG investment was ascendant and renewables groups were attracting eye-watering valuations.Foto: Matt Dunham
  • Justin Jacobs (FT)
  • Amanda Chu (FT)
  • Derek Brower (FT)
  • Myles McCormick (FT)
Publisert 9. February 2023, kl. 13.54Oppdatert 9. February 2023, kl. 13.54
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