Is BP Bailing on Green? Reportedly Shifts Gears From Renewables To Oil And Gas
Is BP Bailing on Green? Reportedly Shifts Gears From Renewables To Oil And Gas
The shift has affected BP's stock performance, as returns from renewable energy projects have declined, while profits from oil and gas have soared in the aftermath of the COVID-19 pandemic and Russia's invasion of Ukraine.BP p.l.c. (NYSE:BP) reportedly implemented a hiring freeze and halted new offshore wind projects, shifting focus back to oil and gas due to investor dissatisfaction with the company's energy transition strategy.
據報道，英國石油(BP p.l.c.)實施了招聘凍結並停止了新的離岸風電項目，將焦點重新轉向石油和天然氣，原因是投資者不滿意該公司的能源轉型策略。
These moves are part of CEO Murray Auchincloss' strategy to reduce investments in high-budget, low-carbon projects, especially offshore wind, which are not expected to generate immediate cash flow, reported Reuters.
據路透社報道，這些舉措是CEO Murray Auchincloss實施的戰略的一部分，旨在減少對高預算、低碳項目(特別是離岸風電)的投資，這些項目不被預計能夠產生即時現金流。
These actions signify a major departure from the approach of Auchincloss' predecessor, Bernard Looney, who aimed to transition away from fossil fuels quickly.
這些舉措意味着Auchincloss的前任貝爾納德·盧尼(Bernard Looney)的方法出現了重大的轉變，後者旨在快速過渡到非化石燃料。
The shift has affected BP's stock performance, as returns from renewable energy projects have declined, while profits from oil and gas have soared in the aftermath of the COVID-19 pandemic and Russia's invasion of Ukraine.
在COVID-19大流行和俄羅斯入侵烏克蘭之後，可再生能源項目的回報率下降，而石油和天然氣的利潤大幅增加，這種轉變影響了BP的股票表現。
Auchincloss and Chief Financial Officer Kate Thomson have prioritized investing in and acquiring new oil and gas assets, with a particular focus on the Gulf of Mexico and U.S. onshore shale basins, where BP already has significant operations, the report added, citing people familiar with the matter.
據報道，Auchincloss和首席財務官Kate Thomson優先考慮投資和收購新的石油和天然氣資產，特別關注墨西哥灣和美國陸上頁岩盆地，BP在這些地區已經擁有重要的業務。
Related: BP Tightens Workplace Relationship Rules After CEO Firing: Report
相關《BP在CEO被解職後收緊工作場所關係規定》：據報道
BP said in a statement to Reuters that Auchincloss introduced six priorities "to deliver as a simpler, more focused and higher value company."
BP向路透社發表聲明稱，Auchincloss提出了六個優先事項，“以打造一個更簡單、更專注、更高價值的公司。”
"The actions we are taking are part of delivering this – and of course are all in service of our aim of growing the value of BP."
“我們正在採取的行動是這個目標的一部分- 當然，這些都是爲了實現我們增加英國石油股份的目標。”
As per the report, BP has reassigned dozens of employees, who were previously focused on identifying new renewable opportunities, to existing projects such as offshore wind initiatives in Britain and Germany.
根據該報告，BP已經將數十名員工重新分配到現有項目中，這些員工之前專注於尋找新的可再生機會，現在他們專注於如英國和德國的離岸風電計劃等現有項目。
Read: BP Doubles Down On Biofuels: Buys Out Bunge Bioenergia for $1.4B
閱讀英國石油(BP)斥資14億美元收購邦吉(Bunge)的生物燃料業務
This week, BP said it plans to expand and diversify its biofuel operations in Brazil after acquiring stake in BP Bunge Bioenergia.
BP本週表示，計劃在收購BP邦吉(BP Bunge)的股份後，擴大和多元化其在巴西的生物燃料業務。
Investors can gain exposure to the stock via Direxion Hydrogen ETF (ARCA: HJEN) and First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA: EIPX).
投資者可以通過 Direxion Hydrogen ETF (ARCA: HJEN) 和 First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA: EIPX) 來獲得這隻股票的曝光。
Price Action: BP shares closed lower by 1.00% at $35.72 on Wednesday.
BP股票週三收盤下跌1.00%，報35.72美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本文部分內容使用了Benzinga Neuro的幫助。此內容是通過AI工具部分製作的，並由Benzinga編輯進行了審查和發佈。