has 18 billion barrels of oil equivalent resources in its portfolio that would meet its expectations for returns on investment, equating to 20 years of output at 2022 levels, it said in an investor presentation released on Wednesday.
BP said on Tuesday it remained committed to its financial and carbon reduction ambitions, as interim Chief Executive Officer Murray Auchincloss hosted an investor day. In the presentation, BP also raised its forecast for earnings before interest, taxes, depreciation, and amortisation from oil and gas businesses for 2030 by $2-billion to $41 to $44-billion at an average oil price of $70 a barrel.
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