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bp: to invest up to £18bn in UK by 2030

(CercleFinance.com) - bp has announced plans to invest up to 18 billion pounds in the UK's energy system by the end of 2030, helping to strengthen the country's energy security and achieve 'net zero'.


bp also intends to continue investing in North Sea oil and gas, while reducing its operational emissions. The company is also making a series of low carbon energy investments in the UK, which are expected to create jobs and develop new skills and capabilities.

The group said that it is fully committed to the UK's energy transition - providing reliable local energy and, at the same time, focusing on the transition to zero emissions, management said.



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