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BP shifts focus back to oil and gas, downsizing Net Zero division

Jun 10, 2026, 4:54 PM10
(Update: Jun 10, 2026, 4:54 PM)
British multinational oil and gas company

BP shifts focus back to oil and gas, downsizing Net Zero division

  • BP has confirmed a restructuring that will split the company into upstream and downstream divisions.
  • The decision to pivot back to oil and gas comes after pressure from investors regarding profits and share prices.
  • This move marks a significant shift away from BP's previous green agenda and has raised concerns among critics.
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