Energy Transition

BP enters 'delivery' phase: Energy transition growth strategy milestones speed into focus

Chief Bernard Looney promises to deploy half of capital budget on lower carbon by 2030 and repeats new mantra that supermajor will 'perform as we transform' from an 'international oil company to an integrated energy company'

Performing while transforming: Bernard Looney shortly after his appointment as BP chief executive in 2020
Performing while transforming: Bernard Looney shortly after his appointment as BP chief executive in 2020Photo: REUTERS
London
Published 11 February 2022, 00:52Updated 11 February 2022, 06:44
BPBernard LooneyHydrogencarbon capture and storageoffshore wind