LONDON, Feb 7 (Reuters) - BP said in a strategy
update on Tuesday it planned by 2030 to spend around $8 billion
a year on its oil and gas business and the same amount on its
energy transition businesses out of a total of up to $18
billion.
It had previously said it would aim for half of its spending
to go on transition growth businesses by 2030.
(Reporting by Shadia Nasralla; editing by Jason Neely)
Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.