BP To Sell Mexican Oil Assets As It Ramps Up Renewable Business

OilPrice.com | Aug 16, 2022 at 12:30 PM
  • BP is selling its oil assets in Mexico as it seeks to focus even more on its renewable energy business.
  • The likelihood of success at the block was “very low,” hence its decision to quit it.
  • The company plans to have 20 GW of renewable energy generation capacity by 2025, rising to 50 GW by 2030.