Crisis energética
02/03/2025@13:53:11
BP's ambitious shift to green energy under former CEO Bernard Looney has backfired, resulting in a significant decline in profits and renewed focus on oil. The company's 2024 profits dropped to $8.9 billion from $13.8 billion in 2023, trailing behind rivals like Shell and ExxonMobil. Activist investors, particularly Elliott Management, are pressuring BP for drastic changes, including cost cuts and a return to fossil fuel exploration. As BP prepares for a strategic overhaul, the situation highlights broader challenges within the energy sector regarding the transition to renewable energy. The company's future hinges on whether it can regain investor confidence while navigating the complexities of its legacy in oil and gas.
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