(Bloomberg) — BP Plc, the oil giant that announced a seismic strategy shift last month, made its first venture into offshore wind power with a $1.1 billion purchase of U.S. assets from Norway’s Equinor ASA.The deal marks the start of an offshore-wind investment partnership in the region for the two companies, which have been at the forefront of the rapid changes in the oil industry as companies seek to adapt to the realities of climate change.BP has taken the boldest steps so far in abandoning the oil-supermajor business model. Just six months after taking the helm, Chief Executive Officer Bernard …read more
Source:: Yahoo Finance