British oil major BP announced a strategic reset, increasing annual oil and gas investment to $10 billion by 2027 while reducing annual capital expenditure to $13-$15 billion. The firm aims for $20 billion in divestments by 2027, with lower investment in transition businesses at $1.5-$2 billion per year. BP CEO Murray Auchincloss stated the reset aims to drive growth, improve performance, and enhance cost efficiency to sustainably grow cash flow and returns.
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Philippines’ Marcos to meet Trump seeking trade deal | Donald Trump News
Leaders expected to hold talks on bilateral trade days before US tariffs on Philippine goods set to take effect.Philippine President Ferdinand Marcos Jr. is set to meet US President Donald Trump to negotiate a more favorable trade deal amid impending 20% tariffs on Philippine goods, emphasizing economic cooperation and defense ties. As the first Southeast Asian leader to meet Trump in his second term, Marcos aims to strengthen the US-Philippines alliance, particularly in the context...
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