BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.
![BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges](https://static01.nyt.com/images/2025/02/11/multimedia/11bp-reset-gtzj/11bp-reset-gtzj-mediumSquareAt3X.jpg?#)
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