Transition

'A very different kind of company': BP pledges 20-fold increase in renewables spending

New chief executive Bernard Looney vows to increase green investments tenfold as oil giant transforms into an 'integrated energy company'

BP boss Bernard Looney announcing the company's net-zero ambitions back in February
BP boss Bernard Looney announcing the company's net-zero ambitions back in FebruaryAFP/Getty
  • Rob Watts
Published 4 August 2020, 11:48Updated 5 August 2020, 09:03