BP's new CEO Murray Auchincloss has implemented a hiring freeze and halted new offshore wind projects to refocus on oil and gas, addressing investor dissatisfaction with the energy transition strategy. The move aims to appease investors and prioritize fossil fuels over renewables.
WATCH: BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over the firm's energy transition strategy, sources at the company said https://t.co/chNykdWCiw https://t.co/FzbIZdndup
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over the firm's energy transition strategy, sources at the company said https://t.co/OhzYhmPhd0 https://t.co/wCrZ6fMHIy
$BP moving away from offshore wind, which we highlighted as a key issue in their investment case. The problem now is that their O&G portfolio is poor and they missed the boat on the better deals available. https://t.co/x3NzILglLB
#BP halts hiring, offshore wind investments
$BP (+0.8% pre) BP halts hiring, slows renewables roll-out to win over investors - Reuters https://t.co/A5IY5dt6MY
BP has put all new offshore wind projects on pause as the oil company’s new Chief Executive seeks to focus more heavily on fossil fuels. https://t.co/8Dp5hIVB4e
$BP CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said https://t.co/JsobGNEUzB
♻️ Oil giant hits pause on new sites as investors question switch to renewables https://t.co/37cb6hWJAs
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company. More here: said https://t.co/pAVsUOCLM0
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said https://t.co/gJTTss80ZJ
BP halts hiring, slows renewables roll-out to win over investors #oott https://t.co/momtwsuSS2
BP halts hiring, slows renewables roll-out to win over investors
🔵 BP HALTS HIRING, SLOWS RENEWABLES ROLL-OUT TO WIN OVER INVESTORS BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy,…