BP to Cut Oil and Gas Production 40%, Invest 10x More in Green Energy

EcoWatch
By Jordan DavidsonAug 5, 2020, 12:05 pm167 pts
BP, the energy giant that grew from oil and gas production, is taking its business in a new direction, announcing Tuesday that it will slash its oil and gas production by 40 percent and increase its annual investment in low-carbon technology to $5 billion, a ten-fold increase over its current level, according…

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