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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Former Auckland teacher facing rape, sexual abuse charges against multiple victims
A former Auckland teacher, now of retirement age, has denied nine charges related to alleged historical rape, sexual violence, and the creation of objectionable material involving three complainants assaulted between 1989 and 2005. He faces five counts of sexual violation, with potential sentences ranging from 14 to 20 years, and was granted interim suppression while leaving the Auckland District Court. Explain It To Me Like I'm 5: A retired teacher from Auckland is in trouble...
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