BP faces investor pressure as it prepares to publish weaker full-year results this week.
Analysts expect profits of about $7.5bn after falling oil prices cut earnings.
Incoming chief executive Meg O’Neill must present a clear strategy after years of turbulence.
Shareholders led by Australasian Centre for Corporate Responsibility, including Nest, want limits on oil and gas spending.
Activists at Follow This demand plans for declining fossil fuel demand.
BP restarted fossil fuel investment after scaling back renewables, starting seven new projects last year.
Critics warn these projects risk long-term losses as clean energy grows and demand falls.
BP Faces Pressure to Reset Strategy as Profits Slide
By OMN AI
OMN AI
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