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BP has 'dramatically reduced' oil and gas exploration, executive claims

BP will back a shareholder resolution to boost its climate efforts at its upcoming AGM
BP will back a shareholder resolution to boost its climate efforts at its upcoming AGM
  • Michael Holder
  • Michael Holder
  • @MichaelHolder
  • 21 March 2019
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Dominic Emery, VP for strategic planning at BP, suggests sizeable chunk of firm's existing oil and gas resources could remain in the ground as it invests in new business models

BP has "dramatically" reduced its oil and gas exploration activity in recent years, and a sizeable amount of its existing fossil fuel resources may never come out of the ground, a key figure in charge...

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