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BPReuters
•74% Informative
BP has abandoned a target to cut oil and gas output by 2030 as CEO scales back the firm's energy transition strategy.
The London -listed company is now targeting several new investments in the Middle East and the Gulf of Mexico .
CEO Murray Auchincloss took the helm in January but has struggled to stem the drop in share price.
VR Score
84
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90
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18
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formal
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English
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57
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short-lived
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