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Stock impact report

Oil majors cut energy transition spending in 2025 for first time in eight years [Seeking Alpha]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Spending on low-carbon technologies by oil and gas majors fell by more than Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market. Subscribe to Stock Ideas Sign Up Quick Insights Policy volatility, permitting delays, and increased execution risks under the Trump administration led to a reduction in low-carbon investment by oil and gas majors. Repsol and Saudi Aramco increased low-carbon spending, while others like BP faced shareholder pressure for reducing renewable investment, and Exxon opted to slow low-carbon spending due to lack of customers and ineffective climate policies. Investment in low-carbon technologies by oil and gas majors is expected to continue moderating in the coming years. More Trending News Show less Read more
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