BP Strategy Reboot Fails to Mollify Critics or Win New Friends

March 5, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--BP plc (NYSE:BP) (London, England) made few new friends or converts after it held its investor day meeting February 26. Environmental organizations blasted the company's plan to slash spending in clean energy and focus future efforts at increasing oil and gas production. Investors were none too pleased either. Other companies featured: Shell plc (NYSE:SHEL), Exxon Mobil Corporation (NYSE:XOM)