British Energy Majors May Lean More On Oil And Gas To Boost Profits

BP CEO Murray Auchincloss (left) and Shell CEO Wael Sawan take part in a panel at energy event ... [+] ADIPEC in Abu Dhabi on November 4, 2024. (Photo: by Fadel Senna) AFP via Getty Images A rather unsubtle change is afoot at the world's two British oil majors - BP (LON: BP) and Shell (LON: SHEL). Having pledged and burnt millions on renewable energy moves under their former bosses, both are now turning to traditional oil and gas plays to earn back more than few millions under current ones. Both U.K.-listed ...