BP PLC (BPE5.HM)
- Simply Wall St.
BP (LON:BP.) Might Have The Makings Of A Multi-Bagger
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
- Reuters
BP halts hiring, slows renewables roll-out to win over investors
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said. The moves, which have not previously been reported, are part of a decision by Auchincloss to slow down investments in big budget, low-carbon projects, particularly in offshore wind, that are not expected to generate cash for years, said several sources at BP who declined to be named. They mark a stark reversal from the direction the CEO's predecessor Bernard Looney took to rapidly move away from fossil fuels.
- PR Newswire
Arcadis completes charger installation for bp pulse's first high-speed EV Gigahub™ in the US
Arcadis, a leading global design and consultancy organization for natural and built assets, today announced the completion of bp's (NYSE: BP) latest high-speed EV charging site at the company's North America headquarters in Houston, Texas. The new bp pulse station is the first bp pulse branded Gigahub™ in the US for their EV charging business.
