Shareholders question BP’s commitment to further oil and gas investment

An investor group led by the shareholder activist organisation Follow This has called on BP to address a shareholder resolution concerning its long-term strategy under scenarios in which global demand for oil and gas declines, according to reports.

Investors, including activist shareholder Australasian Centre for Corporate Responsibility (ACCR), have filed a resolution calling on BP to explain how further investment in oil and gas will deliver value for shareholders. The move follows the announ...

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