#write-downs
#write-downs

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Does BP's $5.4 Billion Write-Down Signal the End of the Green Transition?

BP's $5.4 billion green-portfolio writedown and halted buybacks signal the renewable pivot failed financially, prompting a refocus on upstream oil and gas.

Cars

fromBusiness Matters

3 weeks ago

Vauxhall owner takes 22bn hit after electric car u-turn

Stellantis booked a €22bn charge, reversed its all-electric push, and is pivoting to petrol and hybrid vehicles while prioritising demand over regulatory electrification.

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#write-downs#write-downs

Does BP's $5.4 Billion Write-Down Signal the End of the Green Transition?

Vauxhall owner takes 22bn hit after electric car u-turn

#write-downs
#write-downs