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BP plans a $5 billion Gulf of Mexico oil project, boosting fossil fuels despite climate goals.
BP has confirmed a $5 billion offshore oil project in the Gulf of Mexico, signaling a major push for fossil fuel expansion despite global climate goals.
The deepwater drilling initiative reflects BP’s continued focus on oil and gas, even as it invests in renewables.
The company says the project supports U.S. energy security, creates jobs, and reduces emissions through efficient operations.
Environmental groups criticize the move as contradictory to climate targets, while BP maintains it balances current energy demands with long-term decarbonization goals.
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BP planea un proyecto petrolero del Golfo de México de 5 mil millones de dólares, impulsando los combustibles fósiles a pesar de los objetivos climáticos.