BP CEO Looney on Dividend, Investment

The transcript discusses BP's recent performance, highlighting its strategy and investment plans. The company is focusing on increasing investments in both the current energy system and the energy transition. BP plans to invest $8 billion in each sector over the decade. The company is also increasing shareholder returns through dividends and share buybacks. BP's capital guidance includes both organic growth and acquisitions, exemplified by the recent acquisition of Archaea. The strategy aims to address the energy trilemma by ensuring cleaner, secure, and affordable energy.

How much is BP planning to increase its investment in the energy transition over the decade?

What is the significance of the $2.75 billion share buyback announced by BP?

What are the three main points discussed regarding the company's performance and strategy?

What type of acquisitions is BP considering as part of its capital guidance?

What does the term 'energy trilemma' refer to in the context of BP's strategy?

What was the percentage increase in BP's capital investment in transition growth engines from 2019 to 2022?

How does BP plan to balance its investments between today's energy system and the energy transition?