Is BP Providing A Blueprint For Big Energy?

Is BP Providing A Blueprint For Big Energy?

OilPrice.com

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By bolstering a select few oil operations and pumping funds into renewable energy projects, BP is already emerging stronger in the early days of its transition. This week, BP reported its highest profits in 8 years as the company says it is “performing while transforming”. BP announced that it has experienced a huge full-year net profit, supported by high commodity prices. The British energy firm has reported an underlying replacement cost profit of $12.8 billion for 2021, following a net loss of $5.7 billion in 2020.  Bernard…

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