England's absolute largest energy company BP has got a new director who wants to bet on oil for petrol and diesel.
Oil for petrol and diesel as well as gas.
This is what the world's third largest energy company now wants to pursue. British BP has got a new director, who has also put all new wind turbine projects on hold.
Reuters writes that.
Instead, the focus is on oil and gas extraction, because among the company's investors there has been and is dissatisfaction with the return on BP's business areas until now.
READ ALSO: Marius lost 55,000 kroner – "My car is too new"
Reuters cites anonymous sources as saying that the company's investments in offshore wind farms are not economically profitable and will not be for very long.
But it is not just the wind turbines that BP is now backing away from. Also when it comes to charging stations on land, the energy company has found reverse gear.
In April, Boosted could tell that the energy company is firing 10 percent of all employees in the department, which deals with, among other things, charging stations. In addition, the company is withdrawing from a number of countries where 'the installation of charging stations does not go fast enough'.
This means that BP only has charging stations in four countries: the USA, China, England and Germany. The cuts mean that 100 employees have been made redundant. So that there are 'only' 700 employees left in the BP Puls department.
The announcement from the energy company stands in stark contrast to the attitude of just a few years ago. Here, the former CEO Bernard Looney said that they will quickly move away from the use of fossil fuels. This, in turn, caused BP's value to fall significantly.
Read more exciting news from and about the world of cars right here!
