- Strong oil trading result
- Capital expenditure rising
In the run-up to the release of BP’s (BP.) first-quarter statement, investors may well have been wondering if it would contain any details on whether the energy major would scale back its climate targets. In the event, there were updates regarding the Beacon US offshore wind projects and the carbon-capture power station planned for Teesside, but the only explicit mention of climate change fell under the investment risk factors outlined by the group.