BP Shifts Focus to Oil and Gas, Halts Renewables Expansion

BP (BP) has implemented a hiring freeze and paused new offshore wind projects as its new CEO Murray Auchincloss shifts focus back to oil and gas investments, aiming to address investor concerns over the company’s energy transition strategy. These changes mark a significant https://www.nasdaq.com/articles/bp-shifts-focus-oil-and-gas-halts-renewables-expansion