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BP drops target to cut oil and gas output by 2030, eyeing investments in multiple Middle East projects: Report

UK supermajor scaling back energy transition strategy in drive to regain investor confidence, report claims

BP chief executive Murray Auchincloss.
BP chief executive Murray Auchincloss.Photo: AFP/SCANPIX
Middle East and South Asia EditorNew Delhi
Published 7 October 2024, 08:47Updated 7 October 2024, 08:47
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