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OIL & GAS

BP abandons oil and gas cuts in major strategic shift

Energy giant pivots back to oil and gas, scrapping previous climate commitments

Staff Writer
Tarnished BP.

Tarnished BP. | Credits: Shutterstock.

BP has announced a dramatic shift in strategy, scrapping its previous commitments to cut oil and gas production and scale up renewable energy investments, as CEO Murray Auchincloss moves to align the company...

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