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BP boss Looney 'reinvents' oil giant with zero carbon goal

FILE PHOTO: A BP sign at a petrol station in Kloten, Switzerland
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LONDON (Reuters) - BP plans deep cuts to its carbon emissions by 2050, setting one of the oil sector's most ambitious targets, as part of the biggest overhaul in the company's 111-year history by new chief executive Bernard Looney.The targets set out by Looney on Wednesday put BP ahead of rivals Royal Dutch Shell, Total, Equinor and all of the U.S. oil majors."We have got to change and change..
Date Published: Feb 12, 2020
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