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ID: 54553247 Video

Headline: BP Shifts Focus Back to Oil and Gas, Scaling Down Green Investments

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The move comes amid investor pressure, with shareholders unhappy about BP's underperformance compared to rivals like Shell and Exxon. BP's CEO Murray Auchincloss called it a "fundamental reset" aimed at maximizing shareholder value, cutting planned renewable funding by over $5bn.

Keywords: Current Affairs & Politics,Beyond Petroleum,Investors,Scaling Down,Green,Investments,Shareholder,Value,Underperformance,Shell,Exxon,Unhappy,Fundamental,CEO,Murray Auchincloss,Oil,Gas,Renewable Energies,Funding

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