October 8, 2024

BP ‘abandoning plan to cut oil output’ angers green groups

Claudio Ctin1 mins
BP ‘abandoning plan to cut oil output’ angers green groups

Reports of strategy reset leave campaigners saying company is prioritising profits over planet

Green groups have reacted with fury at reports that BP has dropped a target to cut its oil output in the next five years, saying the company was prioritising profits over the health of the planet.

Campaign groups including Greenpeace and Reclaim Finance slammed the move that would potentially result in the oil company scrapping its plan to reduce oil and gas output by 25% by 2030 under a strategy reset by the company.

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