Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose

BP’s green agenda all at sea as sinking profits forecast renews fossil fuel call

An  oil support vessel  in a harbour docked next to large cylinders with BP logos on
BP is under pressure to abandon its green commitments and increase production of fossil fuels. Photograph: David Gowans/Alamy

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.