BP for investment slashs that can be expected, improve oil and gases in the main strategy

• BP says it will increase zip oil and gas spent $ 10 wilsia and joined annual investments of the Accrumation with more than $ 5 billion.
• The energy energy company to improve the earnings and purchases to be resolved and to regain investors confidence after unrelated by others.
• BP is the hardest energy company to switch the focus of green energy back to frozen fossil.

The BP sends the planned investment for the energy that can be carried out on Wednesday and gasoline gas to $ 10 billion noticed notice and body-hearted body.

The company cuts annual investment plans to plan in transition attempts (an apparent attraction with more than $ 5 a billion from previous predictions.

This is a normal BIGN company in the energy sector to change the substance for the stabbing carbon and climates to the table and gas.

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BP now the destination to grow oil production and gas through 2.3 million and 2.5 million oils are equal. It pumps 2.330.

“This is a lot of books,” CEO Muray Auchergles Ideal to arraded in the telephone interview after the announcement of the company specified letter.

Under jaruchinclles, bernard looney, bp pledged in 2020 to cut off oil and methane while treating 2028.

Aucroxes declared transitions for energy that can be carried out already slowly than bt inusulation wok in the wiket, the volatile view.

“What is Unare is a hydrocarbul and very persistent, strong, stronger than we will require the past five years, and that transition doesn’t expect,” said.

BP Finds to regard investment beliefs after underperforming peers and has visited the transformations after an eellliot investment in the company.

“Three large things we have: reduced Capex, reduces the cost, material equation have a growing result,” said thatchlays.

“We will choose a lot in our investments in translated, including by resetting BP EX, with unclear focus in less germination value of less.” This is awake the long-term shorting values. “

Bt plans to raise a small side by at least 4% each in the line of Veteran and looking for $ 175 to $ 175 billion not $ 175 billion not my $ 175 billion

That’s the purpose of spending between $ 13 billion $ 15 billions of $ 3 billion $ 3 billion due 2024 ratam, and 2024 the weight.

Baba BP is below about 1.7% by 1258 GMT, while a broader energy index .ftnmx6010 is lower.

“Last updated is accused of all appoints, expectations, however don’t get the mexir cut less than to us,” said the Creamory of Borkariiaria Analyhary Analysis.

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“To us, many pumps who look at the BP to make a true call for long, but no please investors now,” BORDhatarari.

BP also says it was a painter mooling of his or her painter, castrol, and targets $ 20 billion in parts by 2027.

It’s plans to join the 50% partner for a business as possible, missing the users of BP, with the process of sale within the next few months.