Everything in that article emphasises it is to do with profits...
The energy giant will outline its strategy later following pressure from some investors unhappy its profits and share price have been much lower than its rivals.
Mr Auchincloss is under pressure to boost profits from some shareholders including the influential activist group Elliot Management, which took a near £4bn stake in the £70bn company to push for more investment in oil and gas.
In 2024, BP's net income fell to $8.9bn (£7.2bn), down from $13.8bn the previous year.
Not sure "because we need it" is mentioned anywhere. Which suggests you are either trolling or thick. I expect it is a combination of both.
Posted By: Pixelman on February 26th 2025 at 07:56:22
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- why are they doing this ... (General Chat) - ghostof barry butler, Feb 26, 07:29:00
- Why do you keep doing this? (General Chat) - Snakepit Divorcee, Feb 26, 10:50:46
- look at you ... (General Chat) - ghostof barry butler, Feb 26, 11:52:19
- Comes on here to troll on a regular basis (General Chat) - norwaay, Feb 26, 12:29:08
- I'm not having that ...Snakepit Divorcee is not a troll (n/m) (General Chat) - ghostof barry butler, Feb 26, 12:50:23
- Comes on here to troll on a regular basis (General Chat) - norwaay, Feb 26, 12:29:08
- It's just weird (General Chat) - LowestoftBoy, Feb 26, 11:19:46
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- Reads Daily Mail front page first thing. Burps it up on here. (n/m) (General Chat) - Under soil heating, Feb 26, 10:56:16
- look at you ... (General Chat) - ghostof barry butler, Feb 26, 11:52:19
- Not sure pulling on the ol' brown flares and kipper tie would do much for City tbh (General Chat) - Dracula, Feb 26, 09:23:59
- Everything in that article emphasises it is to do with profits... (General Chat) - Pixelman, Feb 26, 07:56:22
- nothing wrong with profit (General Chat) - ghostof barry butler, Feb 26, 08:59:07
- HM Government should tax pensioners more (General Chat) - LowestoftBoy, Feb 26, 10:27:25
- Can get rid of the triple lock then (n/m) (General Chat) - SCC 28, Feb 26, 09:44:00
- The absolute problem with perspectve this is the that climate change has economic impacts (General Chat) - Knitted Jesus, Feb 26, 09:36:09
- On mainly other (poorer generally) people somewhere down the line (General Chat) - mr carra, Feb 26, 10:08:45
- the thing is ... (General Chat) - ghostof barry butler, Feb 26, 09:54:56
- That wasn't your point though (General Chat) - Knitted Jesus, Feb 26, 10:57:57
- Yep, humanity is fucked (n/m) (General Chat) - jamesward, Feb 26, 10:10:03
- Details (n/m) (General Chat) - norwaay, Feb 26, 09:48:04
- Short termism though… (General Chat) - loz, Feb 26, 09:14:01
- He's getting into a groove (General Chat) - norwaay, Feb 26, 08:00:33
- my axis of arseholes uk tour of 98 t-shirt is very faded now (n/m) (General Chat) - Chris Peacock, Feb 26, 08:23:21
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- Mine has a gaping hole in the back (n/m) (General Chat) - Augustus Pablo, Feb 26, 09:39:03
- Mine is a bit puckered unfortunately (n/m) (General Chat) - Knitted Jesus, Feb 26, 08:41:20
- They were never the same after Sven Shitposter's death in 94. (n/m) (General Chat) - norwaay, Feb 26, 08:41:05
- my axis of arseholes uk tour of 98 t-shirt is very faded now (n/m) (General Chat) - Chris Peacock, Feb 26, 08:23:21
- nothing wrong with profit (General Chat) - ghostof barry butler, Feb 26, 08:59:07
- So they can profiteer (General Chat) - Jumbo1, Feb 26, 07:44:11
- Why do you keep doing this? (General Chat) - Snakepit Divorcee, Feb 26, 10:50:46
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