While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.
Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.
The European oil giant has plans for a future with more electrical generation.
The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.
Rolling back regulations ignores the central lessons from the country’s largest oil spill.