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and they were much better than expected. the new boss of bp, murray auchin closs, has had a mountain to climb since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bps share price has languished while rivals such as exxonmobil have soared, some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. cornelia meyer is ceo of meyer resources, an energy consultancy. she was a former senior executive at bp. always good to have you with us. talk to me about that new dilemma that the new bus finds himself in. he has a debate where the new investment will come. continue to put money into green investments that are costly and won t pay off straightaway, or go down the route of fossil fuels which investors like but is not deemed to be the root of the future. . ~ but is not deemed to be the root of the future. ., ~ , ., ., ., the future. thank you for ha ....
since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bp s share price has languished while rivals such as exxonmobil have soared some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. earlier i spoke to cornelia meyer, ceo of meyer resources an energy consultancy. she was a former senior executive at bp. you are damned if you do and you re damned if you don t. some investors would preferfor bp to do more on the green agenda and others, you know, sort of more activist investors who are after the quick short term return, favour the fossil fuel the hydrocarbons strategy. and i think bp is trying to walk a middle way and they have to straddle that middle way. your next story is about the net zero targets of europe. and bp is in europe. it has big operations in europe. it s ftse listed, so it has to deal with european and uk regulators, w ....
EU Unveils 2040 Climate Goal Under Pressure From Farmer Protests menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
BRUSSELS The European Union on Tuesday unveils its climate targets for 2040 and a roadmap for the next stage of its energy transition, with the bloc reeling from a farmer revolt against green reforms just months before European elections.In a sign of how politically fraught the issue has become, European Commission Chief Ursula von der Leyen gave key ground to the farmer ....
Brussels (AFP) Feb 6, 2024 - The EU on Tuesday unveils its climate targets for 2040 and a roadmap for the next stage of its energy transition, four months before European elections and with the bloc reeling from a farmer revolt against green reforms. ....