BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
- Posted on February 26, 2025
- By Express
- 2 Views
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BP slashes net-zero spending by nearly £4bn in renewed oil and gas focus
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The fossil fuels giant said it still hopes to become a net-zero company but will only spend up to two billion dollars (£1.6 billion) a year on projects aimed at the energy transition, a significant cut.