{"id":221646,"date":"2025-02-26T15:06:40","date_gmt":"2025-02-26T15:06:40","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/bp-to-slash-green-investment-and-ramp-up-gas-and-oil-bbc-news\/"},"modified":"2025-02-26T15:06:40","modified_gmt":"2025-02-26T15:06:40","slug":"bp-to-slash-green-investment-and-ramp-up-gas-and-oil-bbc-news","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/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><img decoding=\"async\" src=\"https:\/\/i2.ytimg.com\/vi\/uFeaCTjfpAo\/hqdefault.jpg\" alt=\"BP to slash green investment and ramp up gas and oil | BBC News\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/uFeaCTjfpAo\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<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 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 &quot;drill baby drill&quot; comments have encouraged investment in fossil fuels.<\/p>\n<p>Subscribe here: http:\/\/bit.ly\/1rbfUog<\/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 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. BP said it would increase its oil and gas [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":221647,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128810],"tags":[145157,141808,129095],"actors":[],"class_list":["post-221646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bbc-news","tag-announced-it","tag-slash","tag-will"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BP to slash green investment and ramp up gas and oil | BBC News | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch BP to slash green investment and ramp up gas and oil | BBC News for free, here on News ISC. 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