{"id":76072,"date":"2025-02-26T14:43:51","date_gmt":"2025-02-26T14:43:51","guid":{"rendered":"https:\/\/nicheblog.top\/news\/bp-to-slash-green-investment-and-ramp-up-gas-and-oil-bbc-news\/"},"modified":"2025-02-26T14:43:51","modified_gmt":"2025-02-26T14:43:51","slug":"bp-to-slash-green-investment-and-ramp-up-gas-and-oil-bbc-news","status":"publish","type":"post","link":"https:\/\/nicheblog.top\/news\/bp-to-slash-green-investment-and-ramp-up-gas-and-oil-bbc-news\/","title":{"rendered":"BP to slash green investment and ramp up gas and oil | BBC News"},"content":{"rendered":"<p>BP has announced\u00a0it will slash its renewable energy investments and instead focus on increasing oil and gas production.<\/p>\n<p>The energy giant <!--more--> revealed its shift in strategy on Wednesday following pressure from some investors unhappy its profits and share price have been much lower than its rivals.<\/p>\n<p>BP said it would increase its oil and gas investment to $10bn (\u00a37.9bn) a year in a reset aimed at boosting its returns.<\/p>\n<p>The move comes as rivals Shell and Norwegian company Equinor have also scaled back plans to invest in green energy and US President Donald Trump&#8217;s &#8220;drill baby drill&#8221; comments have encouraged investment in fossil fuels.<\/p>\n<p>Subscribe here: <a href=\"http:\/\/bit.ly\/1rbfUog\" target=\"_blank\" rel=\"nofollow\">http:\/\/bit.ly\/1rbfUog<\/a><\/p>\n<p>For more news, analysis and features visit: www.bbc.com\/news <\/p>\n<p>#BBCNews<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP has announced\u00a0it will slash its renewable energy investments and instead focus on increasing oil and gas production. The energy giant<\/p>\n","protected":false},"author":1,"featured_media":76087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-76072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/76072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/comments?post=76072"}],"version-history":[{"count":0,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/76072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media\/76087"}],"wp:attachment":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media?parent=76072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/categories?post=76072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/tags?post=76072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}