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BP reports a sharp profit fall and increased debt, pivoting to focus more on oil and gas.
BP reported a 49% drop in profits and a rise in debts to $27 billion, but claims significant progress on its new oil and gas-focused growth strategy.
The company is shifting focus from renewable energy projects to boost profitability amid weaker oil prices and economic uncertainties.
BP also reduced its 2025 capital investment outlook to $14.5 billion from $15 billion and may raise more funds through divestments.
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BP reporta una fuerte caída de ganancias y un aumento de la deuda, centrándose más en el petróleo y el gas.