With gloomy financial results predicted, the company must weigh its net zero targets against demands for more oil and gas production
BP is poised this week to reveal a set of financial results that the City believes will show a halving of profits compared with the year before – but this isn’t the oil company’s biggest problem.
BP has emerged from an embarrassing misconduct scandal with a new leadership team, but questions remain about its future strategy, and pressure is growing for the board to abandon its green commitments and increase production of fossil fuels.
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