BP CEO defends spending plans as climate protesters block entrance to London energy conference
Publishing timestamp: 2023-02-28 16:12:32
Summary
BP CEO defends firm's fossil fuel spending plans amid protests, reaffirms commitment to net-zero emissions by 2050. Company facing criticism for scaling back climate ambitions despite record earnings. CEO emphasizes need for orderly energy transition and balancing investment in both current energy system and energy transition.
Sentiment: MIXED
Tickers: BP.-LN,
Keywords: climate, oil and gas, business news, energy,